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Stock impact report

Snap shares rise 20% as coronavirus spurs use, revenue growth beats Street [Yahoo! Finance News]

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
FILE PHOTO: A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange NYSE) while waiting for Snap Inc. to post their IPO, in New York CityBy Sheila Dang) - Snap Inc on Tuesday beat Wall Street estimates for quarterly revenue and user growth for its Snapchat app, as more people seek entertainment while they stay at home during the global coronavirus pandemic.Snapchat, known for its disappearing messages, said it saw a jump in usage in the last week of March compared with the end of January, as people increasingly used the app to communicate with friends and family. Usage also increased for Snapchat's original content and in-app games.Shares of Snap jumped as much as 20% to $14.93 in trading after the bell.Daily active users DAU) on Snapchat rose 20% to 229 million in the first quarter ended March 31, compared with a year earlier. The figure stood at 218 million in the fourth quarter.DAU, a widely watched metric by investors and advertisers, beat anal Show less Read more
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