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Snap shares plummet 15% after weak second-quarter revenue metric

Snap shares plummet 15% after weak second-quarter revenue metric
business8/5/2025

Snap shares tanked 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations.

Evan Spiegel, CEO of Snap Inc., attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 9, 2025. Snap shares tanked more than 15% Tuesday when it reported second-quarter earni... [4258 chars]