What’s Next For Snap’s Stock?
- Monday, December 27, 2021, 7:29
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Snap’s stock dropped after revenue missed consensus estimates because of Apple’s new privacy policies. For Q3 2021, revenue increased 57% y-o-y to $1,067 million while net loss reduced by more than 64% to $72 million compared to the same period of the previous year. Daily Active Users (DAU’s)…