Snapchat's AI Tool Boosts Shares, Lawsuit Dismissed
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Snapchats stock surged 3.4% following the launch of AI-powered video tool, Animate It, and the dismissal of a lawsuit over ad revenue issues. Despite the initial boost, shares cooled and remain volatile, with Snap down 30.3% this year and trading 37.7% below its 52-week high. Investors are closely monitoring for signs of a recovery.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
