TradingKey – Snap Inc. (NYSE: SNAP) saw their stock close on August 3 at $5.04, down 37% year-over-year. Their stock surged approximately 8% to 10% in after-hours trading to around $5.43, after their Q2 2026 earnings results reported improvements to every key metric. Snap reported $1.599 billion in revenue, which was a 19% increase year-over-year with a beat against the $1.54 billion estimate. Adjusted EBITDA was $249.6 million, improving from $41.3 million (1 year ago) and beating the estimate by 30%. Daily Active Users (DAUs) were also reported at 493 million versus the estimate of 487 million.

Their April restructuring eliminating 1,000 employees, along with the noted earning releases for their Specs AR glasses ($2,195) which are…