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Snap Drops 7% After Pennsylvania Sues Over Snapchat’s Effects on Children

Snap logoSnap
Sig3.25Sen-5.75Env0.00Soc-6.10Gov-5.55
Meta Platforms (Facebook) logoMeta Platforms (Facebook)
Sig5.72Sen-4.13Env0.00Soc-6.24Gov-6.88

Snap shares fell 7% to $5.52 after Pennsylvania Attorney General Dave Sunday sued Snap over Snapchat’s effects on children, wiping out Tuesday’s gain. The dispute adds to existing teen social media litigation, with other cases naming Snap still scheduled for October trials, keeping meaningful legal exposure in view.

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