Why Snap Stock Is Skyrocketing Higher Today
Shares of Snap (NYSE: SNAP) surged at market open on Friday, rising about 24% during the first 15 minutes of trading.
The growth stock's gain follows the Snapchat parent's second-quarter earnings release on Thursday. Shares are trading higher because the company obliterated analyst estimates, posting huge growth in revenue and adjusted earnings per share.
Image source: Snap.
Source Fool.com
