NEW YORK, NY / ACCESS Newswire / August 7, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Snap Inc. ("Snap Inc.") (NYSE:SNAP) concerning possible violations of federal securities laws.
Investors.com reported on August 6, 2025, 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."
Following this new, shares of Snap stock fell almost 20% during intraday trading on August 6, 2025. To obtain additional information, go to:
https://zlk.com/pslra-1/snap-inc-lawsuit-submission-form-2?prid=160320&wire=1&utm_campaign=40
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire
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