SAN FRANCISCO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Shares of social network Snap Inc. (NYSE: SNAP) fell 6.6% after investment firm Mizuho reportedly initiated coverage on the company with a Neutral rating and a $9 price target. Mizuho purportedly described the company as a “show-me story” and cited weak feedback from Snap’s advertising channels. This analyst action comes on the heels of a federal securities class action lawsuit filed against Snap and certain senior executives, alleging the company presented a ...

Accessibility StatementSkip Navigation SAN FRANCISCO, Sept. 16, 2025 /PRNewswire/ -- A securities class action lawsuit has been filed against Snap Inc. (NYSE: SNAP) and certain senior executives, alleging the company provided a misleading view of its digital advertising platform and growth prospects. The lawsuit, filed on behalf of investors who purchased shares between April 29, 2025, and August 5, 2025, follows a sharp decline in the company's stock price after its second-quarter financial results. Accor ...