Snap Stock ($SNAP) Plummets Over 11% After Earnings Amid Lack of Forward Guidance – Trading Impact Analysis | Flash News Detail
The recent earnings report from Snap Inc., with its stock symbol $SNAP, has sent ripples through the financial markets, including indirect effects on cryptocurrency sectors with ties to tech and AI-driven tokens. As reported by The Kobeissi Letter on Twitter at 6:30 PM UTC on April 29, 2025, Snap’s stock plummeted over 11% in after-hours trading following the announcement that management could not provide future guidance due to prevailing uncertainties (Source: The Kobeissi Letter Twitter, April 29, 2025). This sharp decline was recorded at approximately 6:45 PM UTC, with $SNAP dropping from $14.50 to $12.89 on major exchanges like NASDAQ (Source: NASDAQ real-time data, April 29, 2025). While Snap is not a…
