The stock gained 1.51% to $6.07 on Thursday as the Nasdaq rose 0.89% and the Dow Jones climbed 1.62%.
Snap still closed 41.69% below its 52-week high of $10.41 reached on 22 July, despite outperforming Microsoft, which fell 3.93%.
Among major peers, Apple added 0.44% and Alphabet jumped 9.96%, while Snap trading volume of 34.1 million stayed well below its 50-day average of 50.2 million.
With insiders selling shares amid a major AI pivot, does Snap's leadership truly believe in its own recovery plan?
With mass layoffs and an AI pivot, can Snap finally deliver the consistent profits that have eluded it for years?
As Snap integrates more AI and faces safety lawsuits, can it protect young users while pursuing aggressive growth?