2Yr·

🧊 Cold Stocks🧊


Your today's news about SNAP! $SNAP (-1.86%)


In after-hours U.S. trading on Thursday evening, Snap's stock fell by more than 20%. This was due to weaker-than-expected quarterly results. The social media giant also announced that it will hire fewer employees in the future due to sluggish revenue growth.

The number of daily active users (DAUs) rose 18% year-on-year to 347 million in the latest second quarter, beating market estimates. However, financial results were not positive, with revenue of $1.11 billion falling short of Wall Street forecasts and an adjusted loss per share of two cents, higher than expected.


🟥 $SNAP (-1.86%) ( 🔽-25,43%)

Source: https://bit.ly/3v9QGPE

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10 Comments

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Exciting will Goog & Meta 🦍
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2Yr
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@oliverplass in another post it sounded like those who are still on the platform are only there because they want to keep their flames 😂
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@oliverplass No, according to a survey, Snapchat is actually the app that younger people would least like to do without
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@oliverplass Snapchat is more relevant than ever. We're just too old in some cases haha
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@oliverplass still have 347million DAU
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@MAXICONRAD definitely surprises me. But it could really be because we're getting older 🫡😂
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@ThisIsEmil now i send pictures by email
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@MAXICONRAD but only cat pictures please
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@ThisIsEmil detailed
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