Snail, Inc. (SNAL) shares skyrocketed 173.85 percent to $1.3750, up $0.8729 on Thursday, after the video game publisher reported sharply higher first-quarter revenue and a return to profitability.
The stock is currently trading at $1.3750, compared with a previous close of $0.5021 on the Nasdaq. It opened at $1.3950 and traded between $1.2300 and $1.5000 during the session, with volume reaching 164.55 million shares, far above the average daily volume of 16.59 million shares.
Revenue increased to $27.3 million in the first quarter of 2026 from $20.1 million in the same period last year. Net income attributable to Snail totaled $2.1 million, compared with a net loss of $1.9 million a year earlier. Operating income was $2.0 million, versus an operating loss of $4.1 million in the first quarter of 2025.
Snail shares have traded between $0.3390 and $2.1600 over the past 52 weeks.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.