Snap Stock: Apple Taught It a Painful Lesson
December 24 2021 - 02:20PM
TipRanks
Snap, Inc. (SNAP) is a social media company providing a camera
platform in the U.S. and internationally. It has developed many
technological products and services, including Snapchat, which uses
the camera and editing tools to take and share Snaps, Bitmojis
(personal emojis), and Spectacles, which are wearable sunglasses
capable of taking Snaps and interacting directly with the Snapchat
application. Snap's main source of revenue is advertising. The
company learned a painful and what I consider a game-changing
lesson when it reported its third-quarter 2021 report back in late
October. Snap is to "blame" Apple, Inc.
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Snap (NYSE:SNAP)
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Snap (NYSE:SNAP)
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