Why Snap Stock Popped Today
Shares of Snap (NYSE: SNAP) were moving higher as the long-struggling social media stock seemed to gain on reaction to the recent release of the new augmented reality operating system (Snap 2.0), which it announced last week.
While there wasn't immediate news out today, some investors seem to see an opportunity in the beaten-down stock as attention around smart glasses is building, following Meta Platforms' push into the category.
As of 12:38 p.m. ET, Snap stock was up 5.7%.
Source Fool.com
Snap Inc Aktie
4,08 €
-1,47 %
Die Community bevorzugt leicht Snap Inc mit mehr Buy- als Sell-Einschätzungen.
Bei einem durchschnittlichen Kursziel von 9 € für Snap Inc, wäre dies mehr als eine Verdopplung des aktuellen Kurses von 4.08 €.
