I see $SNAP+3.1%stock is up almost 30% since Friday's results.
Doesanyone have $SNAP+3.1%stock in their portfolio?
Snap Inc.
SNAPOpen $16.01
Day range $15.93 - $16.26
52 week range $8.28 - $17.90
I see $SNAP+3.1%stock is up almost 30% since Friday's results.
Doesanyone have $SNAP+3.1%stock in their portfolio?
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This company has been bouncing around a lot lately in its sideways trend between $17 and $8 :) According to the distant future outlook, it's possible that it could get into profits at some point, but I think it's very weak competition for e.g. Metas or Google (YouTube). Never used it and if I look around, everyone spends time on other platforms. Mainly they are in a big loss now.
Agreed, the opportunity for profit is there, but it seems pointless to invest in it, as there are much better companies on the market. Well, I see it the other way around, but that's probably because you're a bit older. From my neighborhood/peers almost everyone uses it and almost all the time, but I don't really understand what it's for and what good it is. I guess whenever I ask someone about it, I never get a reasonable answer.
I'm not going to say that answer doesn't make me feel old🤣😅But in terms of company performance and profits, I find it unnecessary. No one is talking about it properly in the media like IG just did.
@ashraf_dd Exactly, no so the age range is still pretty similar but I don't know what it is well since people and especially girls my age post use almost all the time. When I look they either follow IG, Tiktok or just Snapchat.