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Snap Inc. Trading Volume Surges 31.21% to $283 Million, Ranks 352nd in Daily Volume
Generated by AI AgentAinvest Volume Radar
Thursday, Jun 5, 2025 7:41 pm ET1min read
On June 5, 2025,
(SNAP) saw a trading volume of $283 million, marking a 31.21% increase from the previous day. This surge placed in the 352nd position in terms of trading volume for the day. However, the stock closed with a 2.96% decline.Snapchat, the social media platform owned by Snap Inc., reported its Q1 CY2025 results, exceeding market revenue expectations. The company's sales increased by 14.1% year over year, reaching $1.36 billion.
Northern Trust Corp. increased its stake in Snap Inc. by 11.7% during the fourth quarter, as disclosed in its recent filing.
Snap Inc. reported earnings per share of $4.51, falling short of the forecasted $4.81. The company's revenue totaled $1.14 billion, which was below the anticipated $1.2 billion.
Snap Inc. saw significant options activity on May 12th, with 139,620 contracts traded. Notably, when Snap Inc. was trading at $8.68, a put option with a strike price of $8.00 expiring on June 6th, 2025, transacted 1,673 contracts, ranking first in terms of volume.
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