PHILADELPHIA, PA / ACCESS Newswire / August 6, 2025 / Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Snap Inc. ("Snap") (NYSE:SNAP).
On August 6, 2025, Investors.com reported that "Snap . . . stock tumbled Wednesday after the Snapchat parent company posted second-quarter results. Revenue growth missed estimates, a letdown after social media competitors Meta Platforms . . . and Reddit . . . posted results well ahead of expectations last week."
Investors.com reported that "Snap said in a letter to investors that an ‘issue with its ad platform’ caused some advertisers to win campaign auctions at ‘substantially reduced prices.’ The issue has been fixed but acted as a headwind for Q2 revenue, the company said."
Shares of Snap stock were down almost 20% during intraday trading on August 6, 2025.
Snap investors with financial losses are encouraged to complete Kehoe Law Firm’s Stockholder Information Request Form or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, myarnoff@kehoelawfirm.com, info@kehoelawfirm.com, to learn more about the investigation and receive a free, no-obligation evaluation of potential legal claims.
Additional information is available at https://kehoelawfirm.com/snap-stock/.
ABOUT KEHOE LAW FIRM, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.
Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.
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SOURCE: Kehoe Law Firm, P.C.
View the original press release on ACCESS Newswire
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