American camera and social media company Snap, Inc. (SNAP) gained more than 7% during Friday’s intraday trading session, after Piper Sandler analyst Thomas Champion gave optimistic insights into the company’s addressable user details. After riding higher on the day, the SNAP stock ended the day up 3.9% at $37.39 on April 1. Year-to-date, the stock has lost 19.8%. Snap reported stellar fourth-quarter results at the beginning of February, surpassing both earnings and revenue estimates, and has gained roughly upward of 51% to date. Analyst Sees Compelling User Growth Opportunities Analyst Champion undertook an extensive study of country-wise user growth opportunities for Snap.
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