Why Snap Stock Is Jumping Today
It's been a busy week for Snap (NYSE: SNAP). Following a lock-up expiration on Monday, which included a modest amount of insider selling, and an analyst upgrade, shares have largely stabilized in the wake of a disappointing earnings release last week.
Helping the bounce is a fresh report from Axios that says that NBC's new Stay Tuned show that debuted on Snapchat Discover a month ago has quickly garnered 29 million unique viewers.
Image source: Snap.
Source: Fool.com
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