Connect with us


Snap Stock Is Surging After Earnings. Here’s Why. – Barron’s



post featured image

Amid Covid-19 fears about softness in the advertising market, Snapchat parent
said that advertisers had begun to resume their spending on the platform, and in some cases increased spending. The result: Snap (ticker: SNAP) reported its second adjusted profit in the companys life as a public company, beating Wall Street sales expectations by over $100 million.Investors responded in the after-hours session, sending Snap stock surging 24% in premarket trading. If shares close Wednesdays session…

Click here to view the original article.

Continue Reading

You might also like ...

post featured image
Michigan cites restaurants and suspends liquor licenses to bars violating COVID-19 shutdown order –
post featured image
New York Times: Justice Department probed Georgia Sen. David Perdue’s stock sales at beginning of pandemic – CNN
post featured image
What Caused the Bitcoin Market Meltdown? – Decrypt