Snap (SNAP) is a camera company, founded on the belief that reinventing the camera represents the mightiest opportunity to upgrade the way humans live and communicate. This rather bold statement includes empowering people to live in the moment, learn about the world, and have fun together. Snap's flagship product, Snapchat, is a smartphone app utilized by millions of people. The company has seen accelerated growth in its user base over the past couple of years, and financials have followed suit by growing higher. That said, I am hardly convinced of the stock's valuation, as Snap is likely overvalued. For this reason, I currently remain neutral on the stock.
https://www.tipranks.com/news/article/snap-growing-but-is-valuation-unrealistic?utm_source=advfn.com&utm_medium=referral
Snap (NYSE:SNAP)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Snap Charts.
Snap (NYSE:SNAP)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Snap Charts.