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: Snap’s stock price rises more than 8% ahead of second-quarter earnings

Snap shares surged Wednesday, outpacing gains in the broader tech sector, a day ahead of the company’s second-quarter earnings report.

The stock shot up 8.7% in midday trading, while the Nasdaq Composite COMP gained 1.6% and the S&P 500 SPX was up 0.7%. Snap is scheduled to report second-quarter results after Thursday’s closing bell.

Snap…

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