Spectacles, Speculation Send Snap Stock Surging
Group 1 - Snap Inc's shares are experiencing a surge, up 7.4% to $8.76, following the announcement of Snap OS 2.0 and plans to release Spectacles in 2026 [1] - The stock has gained 21.2% since the beginning of the month and is on track for its seventh daily gain in eight sessions, although it remains down 18.7% year to date [2] - There is significant activity in options trading, with 334,000 calls and 103,000 puts exchanged, indicating heightened interest compared to typical volumes [3] Group 2 - Short interest in Snap Inc has increased by 25.5% over the last two weeks, now representing 13.1% of the stock's available float, with a coverage time of nearly three days at the average trading pace [4]