Expand NYSE: SNAP Snap Today's Change (7.86%) $0.44 Current Price $6.04 Key Data Points Market Cap $9.5B Day's Range $5.83 - $6.15 52wk Range $3.81 - $10.41 Volume 153M Avg Vol 54M Gross Margin 52.33% Snap (SNAP +7.86%), a social media technology platform, closed at $6.03, up 7.68%. The stock moved higher after announcing restructuring news detailing 16% workforce reductions, over $500 million in targeted cost savings, and a shift to an AI-focused strategy.
Stock Market Today, April 15: Snap Jumps After Announcing 1,000 Job Cuts and $500 Million Cost Savings Plan
Source: The Motley Fool