Snap's New Business Model [zero hedge]
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
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US:NYSE Investor Relations:
investor.snap.com/company-profile
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Source: zero hedge
Snap's New Business ModelFrom the Slope of Hope: One of the hottest, most widely-anticipated IPOs in years took place in March of this year - - Snap, Inc., which is, of course, the owner of the Snap app (although they insistently refer to themselves as "a camera company".) Perhaps another mission statement is in order, however, as they appeared to have now expanded to..........Halloween costumes.No, I am not making this up.The one and only product from Snap you can purchase on Amazon is, in fact, this costume in whichyou can pretend you are a hot dog.So the company has never made a dime, and in factloses hundreds of millions of dollars, and its shareholders have managed to lose half their moneysince this dog (so to speak) went public:In spite of this fiasco - - and laughable diversification of its business model - - I must again request that you cut Evan Spiegel, Snap's CEO and founder, some slack, as he continues to be fully distracted by his new wife, Miranda Kerr, who found Mr. Sp
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SNAP
News
- Final Results [Yahoo! Finance]Yahoo! Finance
- Watch These 6 Internet Stocks for Q1 Earnings: Beat or Miss? [Yahoo! Finance]Yahoo! Finance
- Snap Inc. (NYSE: SNAP) had its "neutral" rating re-affirmed by analysts at Roth Mkm. They now have a $14.00 price target on the stock.MarketBeat
- FIFTH WALL NAMES JEREMY FOX & G.M. NICHOLAS VIK CO-PRESIDENTS [Yahoo! Finance]Yahoo! Finance
- Bump Raises $3M in Seed Funding to Help Creators Maximize Their Wealth-Creating OpportunitiesPR Web
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