Factoring in today's decline, Snap -- the parent of social media site Snapchat -- has now lost a stunning 84% from highs reached just last fall. Given its remarkable fall from grace, is Snap stock a buy? In a regulatory filing late Monday, Snap revealed that prevailing economic forces had turned south, and the company was unlikely to live up to its previously released forecast. Read More...
Factoring in today’s decline, Snap — the parent of social media site Snapchat — has now lost a stunning 84% from highs reached just last fall. Given its remarkable fall from grace, is Snap stock a buy? In a regulatory filing late Monday, Snap revealed that prevailing economic forces had turned south, and the company was unlikely to live up to its previously released forecast.
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