Snap’s Stock Rallied On New Offerings – Will It Slow Down Now?
- Friday, September 3, 2021, 7:14
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Since the start of 2021 Snap’s stock has gained 48% to $74. The stock has gained on the back of positive Q1 and Q2 results as well as positive traction for its new content offerings. For Q2 2021, revenue increased 116% y-o-y to $982 million while net loss reduced by more than 50% to $152 million…