Snap Shares Surge 16% In Premarket After Perplexity AI Deal And Stock Buyback Announcements

ForbesThursday, November 6, 2025 at 10:10:47 AM
Snap Shares Surge 16% In Premarket After Perplexity AI Deal And Stock Buyback Announcements

Snap Shares Surge 16% In Premarket After Perplexity AI Deal And Stock Buyback Announcements

Snap's shares jumped 16% in premarket trading following exciting announcements about a partnership with Perplexity AI and a stock buyback plan. The integration of Perplexity's AI search engine into Snapchat's app, set to launch in 2026, is expected to enhance user experience and engagement, making the platform more competitive in the social media landscape. This strategic move not only boosts investor confidence but also positions Snap for future growth.
— via World Pulse Now AI Editorial System

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