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Snap Inc.

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SNAP trade ideas

WATCHING $SNAP - Key Levels and Analysis - UpdateWATCHING $SNAP - Key Levels and Analysis Snap has some pretty strong downward momentum… I would not be surprised to see 40… In fact… that might be a good place to sell some puts… Thinking about it… maybe tomorrow. —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your due diligence. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!!
NYSE:SNAPShort
by SPYder_QQQueen_Trading
6
$SNAP Snap stock plunged Friday after the social-networking firm posted disappointing revenue growth and guidance that fell shy of estimates on Thursday. The parent of Snapchat said its advertising revenue was hurt more than expected by Apple ‘s change in the rules surrounding advertising on mobile apps.  The miss weighed heavy on shares of other major social-media companies. Snap (ticker: SNAP) stock was down 25% in Friday trading. Facebook (FB) was down 6% on the news, while Twitter (TWTR) was off 5%, Pinterest (PINS) had fallen 4.4%, and Alphabet (GOOGL) had slipped 3.4%. Snap is the first of the companies to report September quarter results. For the third quarter, Snap posted revenue of $1.067 billion, up 57% from a year ago, and below the company’s guidance range of $1.07 billion to $1.085 billion. Adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization, was $174 million, well above its guidance range of $110 million to $120 million. On a non-GAAP basis, the company earned 17 cents a share in the quarter, beating the Street consensus of 8 cents a share. The company said it grew daily average users in the quarter by more than 20% to 306 million.
NYSE:SNAPLong
by TheBlankFund