Snap Inc（SNAP）资讯与事件SNAPSnap Inc

Pennsylvania Sues Snap for Failing to Warn Users of Addiction

Pennsylvania Attorney General Dave Sunday announced the filing of a lawsuit against Snap, Inc. - owner-operators of Snapchat - regarding the social media giant's failures to warn users of platform addictiveness and protect children from compulsive use. In a Complaint for Declaratory and Injunctive Relief filed this week in Philadelphia County Court, the Office of Attorney General seeks honesty from Snapchat in how its platform appears in app stores, and demands the company take steps to protect child users from becoming addicted to the app. The complaint alleges that Snapchat lies about how often adult-themed material - such as sexual content and nudity, suicidal ideation, and drug use - appears on its platform to achieve an age-13+ app rating in App Stores. "Snapchat has designed its platform to lure children into constant, compulsive use that is detrimental to healthy adolescent development," Attorney General Sunday. "This lawsuit demands that Snapchat finally admit publicly that its platform is highly addictive and that it takes real action to keep kids safe."

Snap Inc. Shares Slightly Up to $5.25

Moderately bullish activity in Snap Inc. (SNAP), with shares up 0c, or 0.1%, near $5.25. Options volume relatively light with 40k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.33. Implied volatility (IV30) is higher by 2.2 points near 53.55,in the bottom quartile of the past year, suggesting an expected daily move of $0.18. Put-call skew steepened, indicating increased demand for downside protection.