NEW YORK, Oct. 07, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Snap Inc. (NYSE: SNAP) between April 29, 2025 and August 5, 2025, both dates inclusive (the “Class Period”), both dates inclusive, of the important October 20, 2025 lead plaintiff deadline. SO WHAT: If you purchased Snap securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrang ...

Key Points OpenAI unveiled its new social video app, Sora. It could add competitive pressure to Snap, which is still losing money on a GAAP basis. A bad consumer sentiment reading is also weighing on shares. 10 stocks we like better than Snap › Shares of social media short-form video app Snap (NYSE: SNAP) are falling on Tuesday, having declined 9.2% at 3:08 p.m. ET. Snap fell along with most other consumer discretionary stocks today, after September consumer sentiment readings came in lower than ...

Core Viewpoint - Investors in Snap Inc. have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements made by the company regarding its advertising growth and earnings potential [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit claims that from April 29, 2025, to August 5, 2025, Snap's management failed to disclose critical information, including that their optimistic reports on advertising growth were not reflective of actual performance [2]. - It is alleged that Snap was facing significant execution errors, contradicting the company's claims of a lack of visibility due to macroeconomic conditions [2]. - The positive statements made by Snap's management regarding the company's business and prospects were deemed materially misleading and lacked a reasonable basis during the relevant period [2]. Participation Information - Investors who suffered losses related to Snap Inc. are encouraged to participate in the ongoing securities fraud lawsuit, with a lead plaintiff deadline set for October 20, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate in the class action [3][4].

Group 1 - Snap Inc. has experienced a significant decline, down over 40% in the past year [1] - The company faces challenges from the rise of TikTok and changes in Apple's privacy policy [1] - Despite these headwinds, there are indications of recent positive developments for Snap Inc. [1]