The Ratings Game: Snap stock soars after analyst says ‘worst is behind’ the company [MarketWatch]
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.snap.com/company-profile
Company Research
Source: MarketWatch
Snap stock soars after analyst says ‘worst is behind’ the company Snap Inc. shares jumped Tuesday, after analysts at Barclays expressed confidence in the company’s revenue and user growth trajectories going forward. The firm upgraded Snap’s SNAP, +0.03% stock to overweight from equal weight on Tuesday, with its analysts suggesting a bottom may have been seen, as the company completes its transition to a self-service ad platform and rolls out a redesigned version of the Snapchat app. “We think the worst is behind Snap and the company is likely to get back on track in 2018,” the Barclays team wrote. The stock rallied 8.8% in midday trade. It was on track for an eighth gain in nine sessions, rallying 19.6% since it closed at a record low of $12.34 on Nov. 21. Snap has fallen short of analysts’ revenue estimates in the three quarters it has reported since going public in March, but the Barclays team, led by Ross Sandler, thinks the company is better positioned to beat expectations in 2
Show less
Read more
Impact Snapshot
Event Time:
SNAP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SNAP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SNAP alerts
High impacting Snap Inc. Class A news events
Weekly update
A roundup of the hottest topics
SNAP
News
- Correction: Final Results [Yahoo! Finance]Yahoo! Finance
- Sex offender asks Norway's Supreme Court to declare social media access is a human right [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Sex offender asks Norway's Supreme Court to declare social media access is a human right [Yahoo! Finance]Yahoo! Finance
- More Than 2,300 Nonprofits, Brands and Influential Leaders to Activate for Fourth Annual Mental Health Action Day on Thursday, May 16 [Yahoo! Finance]Yahoo! Finance
- Snap Inc. (NYSE:SNAP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
SNAP
Earnings
- 4/25/24 - Beat
SNAP
Sec Filings
- 5/2/24 - Form 4
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- SNAP's page on the SEC website