Snap Stock Surges 0.69% on $390M Trading Volume Surge Climbs to 315th Rank

On August 13, 2025, Snap Inc. (SNAP) saw a 0.69% rise in its stock price, with a trading volume of $390 million, marking a 45.87% increase from the previous day. The volume ranked 315th among all stocks traded that day.

The U.S. government’s proposed changes to the Supplemental Nutrition Assistance Program (SNAP) could indirectly influence market sentiment. New work requirements under Public Law 119-21 mandate 80 hours of monthly work, volunteering, or job training for eligible recipients aged 18–54 without dependents. This policy shift, effective from 2026, is projected to reduce federal SNAP funding by $186 billion through 2034. While the Congressional Budget Office (CBO) estimates the law will redirect resources toward middle- and higher-income households, critics argue it may exacerbate food insecurity among vulnerable groups, including veterans and low-income families. Such social policy debates could indirectly impact corporate earnings by altering consumer spending patterns in the long term.

For Snap, a company reliant on advertising revenue tied to consumer engagement, broader economic shifts affecting household budgets could influence ad spending. However, the direct link between SNAP policy changes and Snap’s stock performance remains tenuous. The company’s recent trading activity reflects broader market dynamics rather than sector-specific catalysts.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 yielded moderate returns. Total profits grew steadily, reaching $2,385.14 as of the latest data, with fluctuations observed throughout the period.