According to The Kobeissi Letter, Snap stock ($SNAP) dropped more than 11% following its latest earnings report, as management announced they cannot provide forward guidance due to ongoing uncertainty (source: @KobeissiLetter, April 29, 2025). This significant decline reflects heightened risk and volatility for traders, as the absence of guidance increases unpredictability around future performance. Traders are advised to monitor $SNAP price action closely for potential volatility spikes and to consider risk management strategies when entering short-term trades.

According to The Kobeissi Letter, Snap stock ($SNAP) dropped over 11% immediately following its earnings report, as management stated they could not provide forward guidance due to ongoing uncertainty. This significant decline highlights heightened risk and volatility for traders, especially with the absence of clear future outlooks—an essential factor for short-term trading strategies and risk assessment (source: The Kobeissi Letter on Twitter, April 29, 2025).