Is Snap a Camera Company?
After Snap (NYSE: SNAP) went public in 2017, the stock crept into a dark zone for quite a while. The number of users was stagnating, revenue growth was questionable, and analysts had lost their confidence in the company's leadership. There were perfectly good reasons to boot Snap out of your watchlist and move on to other better-managed companies.
So you may be surprised to know that, as of the writing this article, the stock is up 186% year-to-date. Snap of 2019 has very little in common with the company you came to know in 2017 after it went public. What did Snap do to creep out of the dark zone? And more importantly, how can the company maintain its impressive resurrection and grow even more?
Image Source: Getty Images
Source Fool.com


