🔴 Snail is trading 32% down today after Q2 revenue fell, adjusted loss reached $0.36

Snail is trading 31.81% down at $3.15 after its August 11, 2026 second-quarter results missed expectations.

• Revenue fell 11.3% year over year to $19.68 million; adjusted loss reached $0.36 per share.
• ARK franchise sales weakened; management gave no specific full-year 2026 revenue guidance, and the release highlighted continued losses.
• Shares closed August 11 at $4.59, then dropped 30.14% in after-hours trading; the decline appears company-specific as major indexes were modestly higher on August 12, 2026.