SNAP Stock Today: Q4 Beat, $500M Buyback; Q1 Guide Light – February 5
Snap stock is in focus after Snap Inc. (SNAP) topped Q4 sales and adjusted EBITDA and announced a US$500 million share buyback. The company guided Q1 revenue below estimates as daily active users dipped after age checks and reduced growth marketing. For Canadian investors, the setup is mixed. Shares trade near US$6.10, far under the 50 and 200 day averages. We break down the results, guidance, and technicals, and what snap stock risk and reward looks like today.
Continue Reading on Meyka
This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.
Read Full Article →