Why Shares Of Snap Inc. Are Up Today

Shares of Snap Inc. (NYSE: SNAP) surged on Monday after various banks that had a hand in the company's initial public offering rated the stock positively. Snap had previously received largely negative ratings from other analysts, which contributed to the stock's poor post-IPO performance. Snap stock was up 6% at 2:30 p.m.

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BING NEWS:
  • Snap Stock Soars On Strong Q1 Revenue & Outlook As Daily Active Users Hit 422 Million
    Snap revenue jumped more than anticipated and daily actives users hit 422 million for the March quarter, driving the shares up 26% after hours.
    04/25/2024 - 4:43 pm | View Link
  • Snap beats first-quarter expectations, shares jump 25%
    Snap exceeded revenue and user growth expectations, with shares spiking 25%. Improved ad system and user interaction drove Q1 revenue to $1.2 billion. Daily Snapchat users increased to 422 million, ...
    04/25/2024 - 4:25 pm | View Link
  • SNAP Stock Earnings: Snap Beats EPS, Beats Revenue for Q1 2024
    InvestorPlace - Stock Market News, Stock Advice & Trading Tips Snap (NYSE:SNAP) just reported results for the first quarter of 2024.Snap ...
    04/25/2024 - 3:52 pm | View Link
  • Snap Inc. Announces First Quarter 2024 Financial Results
    First quarter revenue increased 21% year-over-year to $1,195 million Daily Active Users increased 10% year-over-year to 422 million First quarter ...
    04/25/2024 - 2:57 pm | View Link
  • Snap shares pop after revenue tops expectations
    Shares in social media company Snap, which runs the youth-focused Snapchat, soared nearly 25 percent on Thursday after it reported more quarterly revenue than expected by analysts. Snap reported ...
    04/25/2024 - 2:30 pm | View Link
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