Why Snap Stock Dropped 24% Last Month

Snap's August earnings report sent shares tumbling despite decent quarterly results. Here's what spooked investors.Shares of Snap (SNAP 2.47%) fell 24.3% in August 2025, according to data from S&P Global Market Intelligence. The company behind the popular social media platform Snapchat posted decent second-quarter results on Aug. 5, but modest management comments and soft next-period guidance left Snap investors underwhelmed. The stock fell 17% the next day. Snap's user growth is hitting the brakesSnap targ ...