Snap Crashes Another 30% After Warns Again as Supply Chain, Digital Advertising Apple Worsens

This topic has 1 reply, 2 voices, and was last updated 1 month, 1 week ago by Truman.

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23 May '22 at 5:50 pm #37316
Super Harley
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U.S. social networking company Snap only reported earnings a month ago but, in that time, things have gotten dramatically worse, hopes of decent growt
[See the full post at: Snap Crashes Another 30% After Warns Again as Supply Chain, Digital Advertising Apple Worsens]
24 May '22 at 6:33 am #37329
Truman
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The negative disposition from the warning from Snap (SNAP) has weighed on investor sentiment from a broader standpoint and it has undercut a number of other social media stocks more directly that derive a large chunk of revenue from online advertising services.
That includes names like Alphabet (GOOG), Meta Platforms (FB), Twitter (TWTR), and Pinterest (PINS).
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