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Press release content from Business Wire. The AP news staff was not involved in its creation.

SNAP ALERT: Bragar Eagel & Squire, P.C. Is Investigating Snap, Inc. on Behalf of Snap Stockholders and Encourages Investors to Contact the Firm

October 28, 2021 GMT

NEW YORK--(BUSINESS WIRE)--Oct 27, 2021--

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Snap, Inc. (“Snap” or the “Company”) (NYSE: SNAP) on behalf of Snap stockholders. Our investigation concerns whether Snap has violated the federal securities laws and/or engaged in other unlawful business practices.

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On October 21, 2021, Snap reported its third-quarter 2021 earnings, which missed revenue expectations. Snap cited Apple’s iPhone privacy changes as the source of disruptions to the Company’s advertising business and warned that global supply chain interruptions and labor shortages had reduced the “short-term appetite to generate additional customer demand through advertising.”

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On this news, Snap’s stock price fell $19.97 per share, or nearly 27%, to close at $55.14 per share on October 22, 2021.

If you purchased or otherwise acquired Snap shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Alexandra Raymond by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211027006184/en/

CONTACT: Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Alexandra B. Raymond, Esq.

(212) 355-4648

investigations@bespc.com

www.bespc.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Bragar Eagel & Squire, P.C.

Copyright Business Wire 2021.

PUB: 10/27/2021 09:00 PM/DISC: 10/27/2021 09:02 PM

http://www.businesswire.com/news/home/20211027006184/en