Snap stock jumps over 19% on pre-market Wall Street after $400 million deal with Perplexity AI
Multimedia messaging platform, Snapchat (Snap Inc.), stock price jumped more than 19% during the pre-market trading session on the US stock market on Thursday, 6 November 2025, after the company entered a $400 million partnership with Perplexity AI.
“Millions of people connect and discover the world through Snapchat. By bringing Perplexity to Snapchat, we’re able to serve that curiosity directly where it occurs,” said Aravind Srinivas, CEO of Perplexity.
