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Snap shares jump nearly 30% after Q1 beat

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By Reuters | Updated: April 26, 2024

April 26 (Reuters) – Shares in Snap (SNAP.N) soared nearly 30% in thin volume in Frankfurt on Friday after the owner of the photo messaging app beat Wall Street expectations for quarterly revenue and user growth.

Snap shares jumped 29% in early trading on the German market. They rose as much as 25% in after-hours trading in New York on Thursday.

@ Thomson Reuters 2024