Tag: NYSE:SNAP

Technology Stocks

Snap Inc (NYSE:SNAP) Suffers Corporate Governance Plague And Time For The Board To Act To Replace CEO To Maintain Growth

Following the exit of top executives of Snap Inc (NYSE:SNAP) including Tim Stone, Chief Financial Officer, the share price declined to $7 from an IPO price of $17. The stock slumped further to $4.99 as the company loses users quarterly basis. However, the stock recovered and trading at $10.30. Snap […]

Technology Stocks

Twitter Inc. (NYSE:TWTR) Stock Dips Following Revelations That Snap Inc. (NYSE:SNAP) Has More Daily Active Users

Twitter Inc. (NYSE:TWTR) slumped in the previous session and its stock lost 2.56% closing $30.01. On the other hand Snap Inc. (NYSE:SNAP) continued to maintain its strong outlook by gaining 6.18% in the previous trading session to close the day at $9.10. The reason behind Twitter losing is the announcement […]

Technology Stocks

Snap Inc (NYSE:SNAP) Loses Another Key Profile Executive Chief Financial Officer Tim Stone

Snap Inc (NYSE:SNAP) chief financial officer, Tim Stone, has not served the company even for a year, but he is resigning. The high-profile executive joined Snap eight months ago after moving from Amazon. According to Snap, the CFO is leaving the company in pursuit of other personal interests. Stone’s exit […]

Technology Stocks

Snap Inc. (NYSE:SNAP) Sell-Off To Persist Heading Into 2019 on Weakening fundamentals

Snap Inc. (NYSE:SNAP) underperformance in the market look set to continue heading into 2019. Investors’ sentiments in the stock have hit all-time lows, amidst weakening fundamentals. A bearish stance in the market has not helped the situation further fuelling the sell-off wave. The stock finds itself in a precarious position […]