🟢 SNAP.BA rose 2.31% yesterday following Dotmo AI spin-off news
Snap Inc.
- SNAP.BA rose 2.31% on June 24, 2026, closing at $7080.00, after spinning off its generative AI video team into Dotmo.
- The spin-off aims to cut high in-house development costs, signaling a strategic refocus toward leaner operations.
- Snap retains an equity stake in Dotmo and licenses technology, with its CTO also a lead investor.
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