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SNAP - Snap Earnings: Snaps Back From The Dead
April, 26 2024 06:24 AM
Snap Inc. Class A
2024-04-26 06:24:50 ET
Summary Snap's recent earnings report has challenged the belief that the company is failing, surprising investors. The company has shown strong revenue growth rates, contradicting the bear thesis. Despite some positive signs like revenue growth rates, the ballooning share count gives me pause.
Investment Thesis Investors had long ago called Snap ( SNAP ) as a dead company walking. And yet, its Q1 2024 results put substantial doubt into the bear thesis....
For further details see:
Snap Earnings: Snaps Back From The Dead
Stock Information
Company Name:
Snap Inc. Class A
Stock Symbol:
SNAP
Market:
NYSE
Website:
snap.com
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