Snap Stock Price Today: Shares Hover Near 52-Week Low Despite New India Ad Push
Snap shares traded near a 52-week low Wednesday after a 4.3% drop, closing at $4.89 and extending a four-day slide. The company launched a cricket-focused ad package in India Tuesday, but investors remain cautious after Snap posted a $460 million net loss in 2025 despite $5.93 billion in revenue. Daily active users rose 5% year-over-year but fell by 3 million from the previous quarter. Regulatory scrutiny over youth access to social media is mounting globally.