Snap Inc - Class A

NYSE: SNAP
Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector TECHNOLOGY
Industry SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Address 2772 DONALD DOUGLAS, LOOP NORTH, SANTA MONICA, CA, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 18,569.59M USD
Shares Outstanding 1,396,480,000
Snap Inc., known for its popular visual messaging app Snapchat, offers a platform where users can share short videos and images through various features like snap map and stories. Beyond its app, Snap Inc. has ventured into hardware with Spectacles, eyewear that captures video from a human perspective. The company also provides diverse advertising options, including augmented reality and video ads, catering to businesses looking to connect with a young audience. Originally named Snapchat, Inc., it rebranded to Snap Inc. in 2016 and is based in Santa Monica, California.
The end of Snap’s growth marks the day the company’s downward spiral becomes irreversible.
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Snap is worth more to shareholders dead than alive. It is time to give its investors their money back.
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Snap firing 20% of its staff is another setback for CEO Evan Spiegel.
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Snap's earnings were so bad that it is hard to see how the company will survive as a standalone public corporation.
After markets close Thursday and before they open Friday morning, these four companies will report quarterly results.