For a company focused on filters, Snap sure is getting some raw treatment in the stock market this year. Snap shares fell 25% after hours on Thursday following a third-quarter report that showed revenue rising just 6% year-over-year—below both Wall Street’s expectations and the 8% growth Snap said it was experiencing as of late August. Facing a weakening macroeconomic environment, platform policy changes and increased competition, Snap declined to provide guidance Thursday, but did warn that revenue growth “is highly likely” to decelerate further in the fourth quarter. Read More...
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2 “Strong Buy” Penny Stocks That Could Rally to $14 (Or More)
We’re in a volatile bear market right now, and key riddle investors need to answer is, which stocks are going to bring the best returns, even in today’s uncertain conditions. One market segment that can’t be ignored is the low-cost penny stocks. These equities, typically priced under $5 per share, offer the best combination of risk and reward: a minimal cost of entry, and frequently triple-digit upside potential. Going beyond the argument that you get more for your money, even minor price apprec
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