🔴 SNAP is trading 4.18% down today as Middle East conflict fears trigger market selloff

SNAP is trading at $5.04 (-4.18%) as U.S. markets plunge on the Iran Strait of Hormuz closure and escalating Middle East conflict fears.

• The stock is moving in line with broad risk-off sentiment, with the S&P 500 down 1.87% and the Nasdaq shedding 1.93%.
• No company-specific news was found today; the decline follows a surge in oil prices and a spike in the VIX to 25.40.