Why Snap Stock Popped on Wednesday
Social media company (NYSE: SNAP) proved to be a popular stock on Wednesday, as news about a peer made its equity look attractive. Snap closed the day more than 3% higher in price, comparing very favorably to the slight decline of the benchmark S 500 index.
Towards the end of Tuesday's trading session, President Trump issued the latest in a series of executive orders concerning TikTok, the controversial short-form video app from Chinese developer ByteDance.
Image source: Getty Images.
Source Fool.com
Snap Inc Aktie
4,60 €
2,21 %
Die Community zeigt leichtes Interesse an Snap Inc mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 8 € für Snap Inc impliziert eine deutliche Steigerung um über 50% gegenüber 4.6 €.
