🟢 Snap is trading 4.5% up today as Blue Duck proposes $1 billion Specs stake sale

Snap is trading at $6.82, up +4.50% in live trading on October 13, as investors focus on Blue Duck Capital’s proposal to sell a 20% stake in Specs.

• The proposal values Specs at $5 billion and could raise $1 billion.
• Snap has not announced a deal or identified a buyer.
• Recent coverage cites bullish options activity and enthusiasm around Meta’s AI agent as supporting sentiment.