Snap shares jump 6% on strong revenue growth despite regulatory risks; Reddit gains, Meta dips.

Snap's stock rose 6% following strong Q2 results showing 19% revenue growth and new ventures like AI glasses and B2B advertising, signaling improving fundamentals. However, the company still faces regulatory scrutiny over teen safety, which could impact future growth and costs. Meanwhile, Reddit's stock gained 4% on its own growth prospects, while Meta Platforms fell 1%, highlighting differing investor reactions within social media stocks. These moves underscore the ongoing competition and varied outlooks in the digital advertising space.

Snap shares are up 3.83% on Pluang as of Sep 30, 2026 21:31 WIB, trading at USD 5.55 with a market cap of $9.03 billion. Reddit is also gaining, with its stock price rising 2.64% to USD 149.18, reflecting positive investor sentiment. Meanwhile, Meta Platforms is down 1.71%, priced at USD 726.30, showing some caution among Pluang users despite its large $1.88 trillion market cap.