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Disingenuous. Snap is nearly its IPO price. SNAP's last quarter revenue was down from 4 straight quarters of growth. FB, NVDA, AMD, AMZN, GM, GOOGL, etc. are
by mbesto 5y ago
Disingenuous.
Snap is nearly its IPO price. SNAP's last quarter revenue was down from 4 straight quarters of growth.
FB, NVDA, AMD, AMZN, GM, GOOGL, etc. are all up orders of magnitude from IPO.
It's a fair argument to say that the market is being corrected, and that SNAP is not on a trajectory similar to it's peers (FB, TWTR).