Snap shares claw back some losses ahead of another big test Monday
Snap closed Friday at $5.53, up 3.17% for the day but down about 9% from the previous week. The move followed a legal settlement involving Snap, YouTube, and TikTok over school-district claims, with terms undisclosed. Snap faces pressure from weak ad growth and ongoing cost cuts as trading resumes Monday. Friday’s trading volume reached about 37.8 million shares.