Stock Market Today: Snap Rebounds on High Volume After Earnings Dive

Social media company Snap (NYSE: SNAP) climbed 2.7% to close at $7.33 on Tuesday, breaking out of its recent slide and notching its third straight day of gains. The move came on heavy volume of 102.7 million shares, more than double its three-month average, and pushed the stock off a 52-week intraday low of $6.90 set earlier in the session.

The recovery came even as broader markets retreated, with the S&P 500 (SNPINDEX: ^GSPC) falling 0.7% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) down 0.8% on the day.

Social media peers saw mixed trading. Pinterest (NYSE: PINS) edged up 0.3% to $36.73, while Meta Platforms (NASDAQ: META) dipped 0.5% to $735.11.

Snap, the parent company of photo-centric social media site Snapchat, saw its shares struggle in recent weeks following a disappointing Q2 earnings report released in early August. That report showed slower revenue growth and platform issues tied to ad delivery. While those concerns haven’t disappeared, some investors may now see the stock’s retreat as a buying opportunity. A pending class-action lawsuit, alleging the company misled investors about ad performance, also remains a risk factor to monitor.

Market data sourced from Google Finance and Yahoo! Finance on Tuesday, Sept. 2, 2025.

Daily Stock News has no position in any of the stocks mentioned. This article was generated with GPT-4o, OpenAI's large-scale language generation model and has been reviewed by The Motley Fool's AI quality control systems. The Motley Fool has positions in and recommends Meta Platforms and Pinterest. The Motley Fool has a disclosure policy.