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Barchart
Wajeeh Khan

Snap Stock Hits New 52-Week Low as Social Media Shares Plunge. Should You Buy the Dip?

SNAP Google Meta Los Angeles TikTok

Snap (SNAP) stock plummeted to a new 52-week low this week after a Los Angeles jury found major social media platforms negligent for designing addictive products that harm minors. 

The selloff has accelerated in recent weeks as SNAP continued to slip through its major moving averages (MAs), triggering algorithmic selling. 

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