Snap stock surged 7% on improved advertising, potential to exceed earnings estimates.
From Nasdaq: 2025-07-01 23:27:00
Snap’s stock (NYSE:SNAP) surged 7% after improvements in direct response advertising, possibly exceeding earnings estimates. Despite a 20% yearly decline, current pricing around $9 offers a buying opportunity. Snap shows moderate financial health with strong revenue growth, weak profitability, a strong balance sheet, but low resilience during downturns. Consider the Trefis High Quality portfolio for lower volatility.
Read more at Nasdaq: Is Now The Time To Buy Snap Stock?