Snap's $740M Volume Surge to 137th Rank Amid Securities Lawsuit as Stock Rallies 3.1%

On Sept. 5, 2025, Snap Inc. (SNAP) saw a surge in trading activity, . , reflecting mixed investor sentiment amid ongoing legal and operational challenges.

A securities class action lawsuit was filed against Snap and senior executives, alleging misleading disclosures about its ad platform and growth projections. , 2025, during which the company faced scrutiny over a significant drop in ad revenue growth. , prompting calls for an investigation into whether executives concealed material risks earlier.

Legal firms are urging affected investors to submit claims ahead of a lead plaintiff deadline on Oct. , 2025. The case highlights broader concerns about transparency in Snap’s business strategy, .

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