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 Stock
€4.25
1.700%
Our community is currently high on Snap Inc with 11 Buy predictions and 5 Sell predictions.
Based on the current price of 4.25 € the target price of 10 € shows a potential of 135.35% for Snap Inc which would more than double the current price.
