SNAP stock is moving up by over 2%, now selling at $12.28 in the opening session after Snap Inc (NYSE:SNAP) posted solid earnings and sales growth for the first fiscal quarter.
The multimedia messaging app Snapchat may have added new features and undergone major tweaks, but that did not have any major impact on SNAP stock, as it remained largely stagnant. The company posted better than estimated profit and sales in its latest quarter, in addition to recording significant user growth.
Beats EstimatesFor a loss making organization like Snapchat, recording lower losses than ...
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