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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.