4 Things Snap, Inc. Management Wants You To Know

Investors in Snap, Inc. (NYSE: SNAP) can't be thrilled with its stock price performance so far. At around $12 per share, Snap trades well below its $17 IPO price and at less than half of its yearly high of $29.44. Still, the floundering stock is not really a function of bad execution, but rather some initial overexuberance and sky-high IPO valuation.Listening to its third-quarter conference call, the company is making many changes to prepare the business for the long term, but making so many changes so early is giving investors heartburn.

Topics:  inc nyse snap    ipo   ceo evan spiegel    co   images   snap   management   stock   long   investors   making   price   term   
BING NEWS:
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BING SEARCH:
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