How Risky Is Snapchat Maker Snap Inc?
Snap (NYSE: SNAP), the maker of the ephemeral messaging app Snapchat, has had a rough five months. Snap went public at $17 per share in early March, briefly surged to $27, then plunged to about $13 on major concerns about its growth plans, financial discipline, and its ability to survive a prolonged battle with Facebook (NASDAQ: FB).
But as Snap searches for a bottom, contrarian investors might be tempted to pick up some shares. Let's take a closer look at this hated stock to see how risky that bet could be.
Snapchat's video and filter ads. Image source: Snap.
Source: Fool.com
Meta Platforms Inc. Aktie
505,70 €
-1,42 %
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Für Meta Platforms Inc. sieht die Community ein Kursziel von 645 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 505.7 € bedeutet.
