2 ms·
Snapchat's stock has tripled in the last few months. Disclosure: I own a small amount of $SNAP.
by dawhizkid 7y ago
Snapchat's stock has tripled in the last few months.
Disclosure: I own a small amount of $SNAP.
- skinnymuch 7y agoIt’s great for people who went in on Snap at its bottoming out. But Snap itself is volatile. A year ago or more it had an earnings where it rose 50% on the day. The stock was in an insanely bad spot at the beginning of the year. It’s either an anomaly or shows again that Snap is really volatile, but not volatile enough to get really high for long. Also a lot of stocks were down (though not that much) at the time. Snapchat stock is doing okay. It isn’t going triple again or anything. It’ll be lucky if it stabilizes at IPO public opening price ever again. Edit: I do think it’s entirely possible Snap goes up 50% again or something from where it is now for a short period during some earnings. I don’t think it’ll stay at that level for long any time soon though.