The stock price of social media platform operator Snap (NYSE: SNAP) has staged a dramatic comeback in recent years. While the company struggled to manage competition with Facebook's Instagram in the period just after Snap's initial public offering in 2017, it soon figured out how to better drive revenue and daily active user (DAU) growth. Competing social media stock Pinterest (NYSE: PINS) had less-than-exciting stock performance following its IPO in April 2019, at least until the coronavirus pandemic was declared in March 2020. Read More...
The stock price of social media platform operator Snap (NYSE: SNAP) has staged a dramatic comeback in recent years. While the company struggled to manage competition with Facebook’s Instagram in the period just after Snap’s initial public offering in 2017, it soon figured out how to better drive revenue and daily active user (DAU) growth. Competing social media stock Pinterest (NYSE: PINS) had less-than-exciting stock performance following its IPO in April 2019, at least until the coronavirus pandemic was declared in March 2020.
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