Social-media firm Snap (SNAP) has been under considerable pressure since late September, with shares now off around 44% from its peak just north of $80 per share. Now down around 7% year to date, the stock looks to be in a great position to snap back, as investors and analysts draw even more focus to the metaverse. Indeed, the metaverse was a major buzzword this year. As it comes closer to becoming a reality for the average consumer, though, there are reasons to really consider the trend by taking a deep dive into the many able tech firms ready to make the jump into virtual or augmented realities.
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