Snap announced it has exceeded 30 million paid subscribers for Snapchat+, up 5 million since February. Snapchat+ offers exclusive features for $3.99/month, with higher tiers like Lens+ and Snapchat+ Platinum adding more premium options. Despite this growth, Snap's Q3 earnings showed a 12% stock drop after missing ad revenue and user growth targets, reporting 495 million daily users versus the expected 499 million. CEO Evan Spiegel emphasized focusing on long-term user value and improving advertiser performance to drive future growth.
Snap shares are trading at USD 5.47 on Pluang as of Nov 05, 2026 05:01 WIB, down 2.15% in the past day. Despite Snapchat+ surpassing 30 million paid subscribers, Pluang order activity shows a full 100% sell sentiment among investors. The stock remains well below its 52-week high of USD 9.09, reflecting cautious market response to Snap's recent earnings and user growth challenges.
Snap's shares fell over 10% after the company reported third-quarter revenue of $1.72 billion and 495 million daily active users, both slightly below analyst expectations. However, Snap's adjusted earnings of $383 million surpassed estimates, and the...
Snap has settled a lawsuit filed by two teenagers accusing the company of designing its platform to be addictive and contributing to their depression, anxiety, and eating disorders. This case was part of a broader wave of legal actions against social...
Snap has settled a lawsuit brought by two teenagers who alleged that the company designed Snapchat to be addictive, contributing to their depression, anxiety, and eating disorders. This case was part of broader litigation against social media firms l...
