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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 ...
Snap stock continued falling in 2022, and by the low point of the bear market in late 2022, it had reached a price comparable to where it trades today. SNAP Chart. SNAP data by YCharts.
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:
[75] Snap Inc.'s stock started trading on March 2, 2017, under the symbol SNAP, on the New York Stock Exchange. [76] When Snap reported earnings for the first time in May 2017, they reported a $2.2 billion quarterly loss, and the stock fell more than 20%, erasing most of the gains since the IPO. [77]
Shares of Snapchat's parent company Snap (NYSE: SNAP) lost 29.9% of their value during August, according to data provided by S&P Global Market Intelligence.And the whole drop happened on Aug. 2 ...
Snap stock plunged in after-hours trading by about 13%. Snap's 2022 ends with struggles that have dogged the company all year. Today's results mark the end of a long 2022 for Snap. Even in a rough ...
Snap (NYSE: SNAP) and Pinterest (NYSE: PINS) have seen their share prices drop from all-time highs. Stock prices used were the afternoon prices of Dec. 18, 2024. The video was published on Dec. 20 ...
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 ...