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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf Of Investors Of Snap Inc. - SNAP [TheStreet.com]

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: TheStreet.com
NEW YORK, Dec. 2, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Snap, Inc. ("Snap" or the "Company") (NYSE: SNAP). Such investors are advised to contact Robert S. Willoughby at or 888-476-6529, ext. 7980. The investigation concerns whether Snap and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On October 21, 2021, Snap reported its third-quarter 2021 earnings, which missed revenue expectations. Snap cited Apple's iPhone privacy changes as the source of disruptions to the Company's advertising business and warned that global supply chain interruptions and labor shortages had reduced the "short-term appetite to generate additional customer demand through advertising." On this news, Snap's stock price fell $19.97 per share, or nearly 27%, to close at $55.14 per share on October 22, 2021. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowl Show less Read more
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