The US government is investigating Snap's IPO [CNN]
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
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investor.snap.com/company-profile
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Source: CNN
JUST WATCHED Snapchat bets on new shows to win users back MUST WATCH (15 Videos) New York (CNN Business) The US Government is investigating whether Snap Inc. manipulated its $3.4 billion initial public offering. Snapchat's parent company revealed Wednesday that the US Department of Justice and the Securities and Exchange Commission have subpoenaed the company about potentially misleading claims it made in its March 2017 filing. Investigators want to know if Snap, a photo messaging app, downplayed the impact competitors like Instagram would have on its growth. The subpoenas stem from a class action lawsuit filed in a federal court in Los Angeles in May 2017. The suit accuses snap of making materially false and misleading statements about the health of company's business. Read More The lawsuit also says that Snap failed to disclose that it fired the person in charge of growth after just t
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SNAP
News
- TikTok Faces Washington Reckoning as Divest-or-Ban Vote Nears [Yahoo! Finance]Yahoo! Finance
- Markets: Nasdaq closes 180 lower, losses seen across tech [Yahoo! Finance]Yahoo! Finance
- MCDONALD'S EXTENDS "THE ORIGINAL MOUTHFUL" CAMPAIGN WITH A MODERN MAKE-OVER OF THE CLASSIC BIG MAC® PROMO [Yahoo! Finance]Yahoo! Finance
- TikTok Divest-or-Ban Bill Heads to Fast Track in US Congress [Yahoo! Finance]Yahoo! Finance
- Global Mixed Reality Market Size To Exceed USD 158.37 Billion By 2033 | CAGR Of 44.39% [Yahoo! Finance]Yahoo! Finance
SNAP
Earnings
- 2/6/24 - Beat
SNAP
Sec Filings
- 4/18/24 - Form 4
- 4/18/24 - Form 10-Q
- 4/18/24 - Form 8-K
- SNAP's page on the SEC website