Snap on track to hit highest since bleak August report

ReutersSep 22, 2025 10:11 AM

Shares of social media firm Snap SNAP.N climb 7.2% to $8.75 in premarket trading

Stock on track to hit its highest since early August, when it reported its slowest quarterly revenue growth in over a year

SNAP was the sixth most discussed stock on retail trading forum Stocktwits.com

Message sentiment on the stock was "extremely bullish", according to the platform

The company faces tough competition from TikTok, whose future is hanging in balance as Washington and Beijing look to clinch a deal that would allow it to keep operating in the U.S.

YTD, SNAP has lost 24% as of last close

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