🔴 Snap is trading 9.6% down in after-hours trading as revenue slightly missed consensus

Snap is trading 9.6% down at $5.34 in after-hours trading after total revenue slightly missed consensus in its November 4, 2026, Q3 report.

• The report showed positive GAAP net income and a 110% surge in adjusted EBITDA; analysts had expected about $1.73 billion in revenue.
• The broader market was sharply higher; the decline appeared more closely tied to Snap’s mixed earnings. No volume data was available in the provided price context.