Snap sees another bump in its most loyal users, and company’s stock rises 12%

Snap sees another bump in its most loyal users, and company’s stock rises 12%
By: market watch Posted On: February 04, 2025 View: 3

Published:

Shares of Snap Inc. rose about 12% in the extended session Tuesday after the Snapchat parent swung to a quarterly profit and grew the ranks of its most loyal users.

Snap SNAP said that its daily average users rose 9% year over year to 453 million people in the fourth quarter. That was ahead of Wall Street expectations of 451 million daily average users, and on the heels of another 9% rise in daily average users in October.

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