Tag: Snap stock
Today's Snap earnings (SNAP) are a textbook example of how irrational, or at least unpredictable, market reactions can be.
Snap (SNAP) stock fell 3.29% in the after-hours trading on Tuesday even though it reported upbeat third-quarter earnings results.
Snap stock rose about 7.84% on Monday and closed the trading day at $14.58. The company will report its third-quarter results after the closing bell today.
Snap stock is up in the trading session today. The stock had gained over 3% as of 9:46 AM ET. It fell 1.9% on October 18 and closed at $13.52.
On October 17, Snap stock closed at $13.78, or 0.85% higher. At that closing price, Snap had a market capitalization of $19.2 billion.
The Q3 Snap earnings report is due on October 22. So could a positive surprise be enough to send Snap stock back toward its original price?
Snap (SNAP) stock has been on a downtrend recently. It's dropped nearly 20% since September 25 despite the absence of any significant news.
Snap’s (SNAP) recent decline may be coming to an end. The stock has fallen about 20% since mid-September despite no big company-specific news.
On October 4, Snap (SNAP) stock rose 1.54% and closed at $14.52. The stock increased after a Wall Street analyst ended its bearish call on the company.
In today's Get Real, we saw that Tesla set a delivery record—but still missed the mark. Plus, Snap and steel stocks could be in more danger.