SNAP (SNAP)
EARNINGS RELEASE - JULY 21 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.09/share REV: 438.09/M
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LAST QTR: EPS: -.07 /share ACTUAL: -.08 /share (MISS)
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NEXT QTR: EPS: -.05/share REV: 529.37/M
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FULL YR: EPS: -.08/Share REV: 2,130/M
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BEAT/MISS RECORD: 69% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 37.9, -15.12, -7.66
EXPECTED JUMP MOVE THIS QUARTER: 15%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
(Bloomberg) — Facebook Inc. Chief Executive Officer Mark Zuckerberg, besieged by dozens of stories about his company’s inadequate response to hate speech, misinformation and violent content, sought to paint a rosier picture of the social network’s future, outlining new efforts to attract young users and build immersive digital experiences.Most Read from BloombergCities’ Answer to Sprawl? Go Wild.Hamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaWhy Americans and Britons Are Rushing
Without needing to get hyperbolic, last Friday amounted to the worst day ever for Snap (SNAP) stock. Shares took an unrepresented 27% beating after the company’s Q3 earnings disappointed on multiple levels. While the company’s top-line figure failed to meet Wall Street’s expectations, the company’s outlook did little to reassure, as SNAP is faced with the duel challenge of the effects wrought from the changes to Apple’s iOS privacy settings – which gives users more control over how data is used
NEW YORK, Oct. 25, 2021 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Snap, Inc. (“Snap” or the “Company”) (NYSE: SNAP). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Snap and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On October 21,
(Bloomberg) — Facebook Inc. shares gained in late trading after third-quarter results showed more people are actively using its network of social media apps than analysts predicted, and the company pledged to buy back as much as $50 billion more in stock.Most Read from BloombergCities’ Answer to Sprawl? Go Wild.Hamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyOne of California’s Wealthiest Counties Could Run Out of
Boston, Massachusetts–(Newsfile Corp. – October 25, 2021) – The Thornton Law Firm alerts investors that it is investigating Snap Inc. (NYSE: SNAP) for potential violations of the securities laws in connection with recent disclosures of advertising-related issues. SNAP investors are encouraged to contact the Thornton Law Firm’s investor protection team by visiting www.tenlaw.com/cases/Snap for more information. Investors may also email investors@tenlaw.com or call 617-531-3917. FOR MORE INFORMAT
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Avg Daily Volume: 5,038,497 Market Cap: 102.74B
Sector: Technology Short Interest: 2.45
Ticker delayed 20 minutes
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by Team Stockjumpers