Snap's 3.32% Drop and $1.47B Turnover Rank 110th as AI Ad Shifts and Paused AR Development Spark Growth Doubts

. 19, , . equities by dollar turnover. The decline followed a mixed earnings report and strategic shifts that raised questions about near-term growth prospects.

Analysts highlighted a shift in the company’s focus toward AI-driven ad tools, which could delay user monetization timelines. , concerns lingered over ad load sustainability amid heightened competition from Meta’s Threads. Management also signaled a temporary pause in AR hardware development, redirecting resources to core app improvements.

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