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Snap stock tanked on Wednesday, sinking almost 35% as investors digested another disappointing quarterly report.The Snapchat parent company posted Q4 quarterly revenue of $1.36 billion, below ...
The key reason Snap stock might be a buy now. Snapchat had a record 432 million daily active users at the end of Q2, which was a 9% increase from the year-ago period. As long as the platform ...
Meta Platforms (NASDAQ: META) was the big winner of the group, up about 68% on the year, while Pinterest (NYSE: PINS) and Snap (NYSE: SNAP) were down 18% and 34%, respectively. Meta is the king of ...
Snap reported fourth-quarter 2023 revenue $1.361 billion, up 5% year-over-year, and a net loss of $248 million, or a loss of 15 cents per share. … Snap Misses Q4 Forecasts, Stock Plunges Sharply ...
“We believe it would be imprudent to provide formal guidance for Q4,” the Snapchat parent said, although it disclosed an “internal forecast.” Snap’s stock wobbles as it yanks guidance on ...
At the start of August, Snap projected a weak forecast for the current quarter, citing a decrease in advertising spend and is now expected to report fiscal 2024 revenue of $5.34 billion, according ...
Snap (NYSE:SNAP) stock has defied the predictions of many analysts, myself included, and made a comeback. The social media company has become more successful by offering new functionality and ...
Based on that calculation, Snap stock trades at a P/S ratio of 4.1, which is near the cheapest level since it came public in 2017, and it's also 73% below its long-term average of 15.4:
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