Page 9 - Derek Andersen News Today

Snap (NYSE:SNAP – Get Rating) had its price objective cut by analysts at Truist Financial from $8.00 to $7.00 in a research note issued on Friday, The Fly reports. Truist Financial’s target price points to a potential downside of 33.33% from the company’s current price. Several other analysts also recently issued reports on the company. […]

But some platforms, like Alphabet's YouTube, gave creators more love than others this quarter.

SNAP earnings call for the period ending March 31, 2023.

Snap revenue falls 7% in Q1. From PR Week

Snap reported its Q1 2023 earnings on April 27.

Snap Inc. (NYSE:SNAP – Get Rating) was down 4% during mid-day trading on Thursday after an insider sold shares in the company. The company traded as low as $10.50 and last traded at $10.54. Approximately 4,638,222 shares traded hands during trading, a decline of 85% from the average daily volume of 30,826,043 shares. The stock […]

MUFG Securities EMEA plc raised its stake in Snap Inc. (NYSE:SNAP – Get Rating) by 44.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 121,067 shares of the company’s stock after purchasing an additional 37,490 shares during the quarter. MUFG […]

Snap Inc. (NYSE:SNAP – Get Rating) has received an average recommendation of “Hold” from the forty ratings firms that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and five have issued a buy rating on the company. The average 12-month […]

Snapchat has reached 750 million monthly active users globally. More than half of those use or open the app daily.

Snap is cutting back its cloud spending, reducing how much it pays both Google Cloud and AWS.