Snap Stock Soars After Q3 Beat and $400M AI Deal — SNAP Jumps After Hours (Nov 5, 2025)
Snap Inc. (NYSE: SNAP) closed Wednesday at $7.31 before releasing third‑quarter results after the bell; shares spiked more than 20% in extended trading following a revenue beat and a new AI partnership. The after‑hours pop came minutes after the earnings release hit at 4:10 p.m. ET. MarketScreener Canada Key takeaways today What happened Snap’s third‑quarter print showed a return to double‑digit growth and steady user expansion: On the monetization side, Snap highlighted improving direct‑response advertising and new formats like Sponsored Snaps, themes also reflected in same‑day wire coverage. Reuters noted direct‑response ad revenue grew 8% in Q3 as Snap leaned