Snap shares climbed 14% over the past five days on heavy trading volume, according to Benzinga. The rally was fueled by buyout speculation, hype around TikTok’s uncertain future, and chatter about the company’s upcoming AR products. Rumors of interest from Google, Amazon, and Apple resurfaced as investors debated whether Snap could benefit or lose ground depending on how a TikTok divestiture unfolds. Traders point to Snap’s upcoming AR Spectacles and Snap OS 2.0 as moves to capture growth in the emerging AR market. The new Specs feature lightweight glasses with AI translation and gaming, while Snap OS 2.0 offers an intuitive interface, expanded browsing, and immersive AR lenses. A Stocktwits user noted Snap’s high short interest, which Benzinga Pro data places at 13.3% of outstanding shares.
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