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Snap Inc. shares fall 2.29% intraday after law firms announce investigations into securities violations.
ByAinvest
Monday, Aug 25, 2025 3:21 pm ET1min read
Snap Inc. dropped 2.29% intraday, with the company facing multiple legal investigations and allegations of misleading statements regarding its advertising revenue. The Gross Law Firm and the Law Offices of Howard G. Smith have both announced investigations into Snap's possible violations of federal securities laws, which could negatively impact investor confidence and stock performance.
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