SNAP is trading at $4.67 (-3.21%) today, aligning with a sharp decline in major indices driven by AI disruption fears and geopolitical tensions from Iran's Strait of Hormuz closure.
- The broader market is under pressure, with the NASDAQ Composite down 1.12% and the S&P 500 down 0.74%.
- No company-specific news was reported today, as the stock continues to struggle with lingering weak guidance and the failure of its recent creator subscriptions launch to stem losses.