U.S. Stock Movement | Snap (SNAP.US) Soars Over 13% as Q2 Performance Beats Expectations

Zhitong Finance APP has learned that on Tuesday, Snap (SNAP.US) surged over 13%, closing at $5.72. In news, Snap released its second quarter financial report for the period ending June 30 after the market closed on Monday Eastern Time. The data showed that the company's net loss narrowed significantly from $262.6 million in the same period last year to $164 million. Adjusted profits reached $250 million, significantly surpassing market expectations of $192 million.