Stock Market Today, Feb. 6: Snap's Fallen Almost 25% This Week, Even After Today's Gains

Core Insights - Snap's stock closed at $5.22, up 1.95%, but has fallen 24.68% this week, reflecting a post-earnings sell-off despite analyst upgrades [1][3] - The S&P 500 rose 1.97% and the Nasdaq Composite gained 2.18%, while Snap's peers showed mixed results, with Meta down 1.31% and Pinterest up 1.45% after announcing a workforce reduction [2] - Snap's Q4 earnings beat expectations, but ad revenue was lower than forecast, raising concerns over falling daily user numbers and potential regulatory challenges [3] Analyst Upgrades - B. Riley upgraded Snap to Buy from Neutral with a $10 price target, citing new revenue opportunities, while Stifel upgraded to Hold from Sell [4] - Investors are closely watching the upcoming launch of Snap's augmented reality Spectacles, which could impact the company's market position [4] Investment Considerations - Snap was not included in a recent list of top stocks recommended by The Motley Fool Stock Advisor, which identified 10 stocks expected to yield significant returns [5]