Snap Inc. (NYSE:SNAP) falls 8.21% as OpenAI launches short-form video product. Mizuho Securities gives SNAP a “neutral” rating with $9 price target, representing 7% upside potential. Investors urged caution amid weak feedback from advertising channels. OpenAI to launch image and video generator app similar to TikTok, Facebook, YouTube, and Instagram reels. Snap also offers short-form video format through Spotlight feature.

Read more at Yahoo Finance: Snap (SNAP) Falls 8.2% as OpenAI Launches Short-Form Video Product