OPINION: Snap has never been an investor-friendly company, and the parent company of the Snapchat app made that even clearer Thursday, writes columnist tpoletti.
Snap Inc. has never been an investor-friendly company — as long as those investors weren’t its founders, at least — and the parent company of the Snapchat app made that even clearer Thursday.
Full earnings coverage: Snap stock plunges 25% as advertising slows down, executives decline to offer forecast Since that October warning, when Snap’s shares were trading in the vicinity of $75, shares have fallen around 78%. The stock was tumbling sharply again in after-hours trading on Thursday, to around $12, after yet another troubling earnings report in which Snap’s founders couldn’t find it in themselves to even offer a financial forecast.
While the two executives have been involved in a lot of philanthropy in recent years, the move seems self-serving. Are the co-founders just making sure they have an easier path to make donations, or are they fiddling while Snap burns?
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Snap isn’t happy with how much money it’s makingSpiegel will stay another four years to help turn things around.
続きを読む »
Snap Stock Plunges 25% After Posting $422 Million Q2 LossSnap posted a $422 million loss and “substantially” reduced hiring rate in its Q2 earnings report released Thursday, prompting its share price to fall 26% in after-hours trading. From _pheebini:
続きを読む »
Snap CEO Evan Spiegel says demand for ads has 'slowed significantly'Snap CEO Evan Spiegel just issued a new warning for the digital advertising industry, saying demand has 'slowed significantly' due to a slowing economy, inflation, and rising competition
続きを読む »
Snap stock plunges 25% as advertising slows down, executives decline to offer forecastSnap’s stock snapped Thursday after the company disclosed slackening digital advertising and hinted at cost cutting while declining to provide a financial forecast. $SNAP reported a second-quarter net loss of $422.1 million.
続きを読む »
Snap Misses Already Lowered Q2 Expectations, Stock PlummetsSnap reported second-quarter results that came in under analysts’ already reduced expectations — and it didn’t provide Q3 guidance — sending the stock down more than 20% in …
続きを読む »
Italy's president dissolves parliament, triggering snap election following Draghi's resignationItaly's President Sergio Mattarella says he will dissolve parliament, triggering a snap election, after Prime Minister Mario Draghi resigned
続きを読む »