Snap Inc stock rose on Monday after the Snapchat owner received its first "buy" rating from a Wall Street analyst following a $3.4 billion public listing this month that raised the eyebrows of many on Wall Street.
Showing posts with label Snap. Show all posts
Showing posts with label Snap. Show all posts
Monday, March 20, 2017
Snap snaps back after analyst assigns first 'buy' rating
Snap Inc stock rose on Monday after the Snapchat owner received its first "buy" rating from a Wall Street analyst following a $3.4 billion public listing this month that raised the eyebrows of many on Wall Street.
Tuesday, March 14, 2017
Snapchat 2017 ad revenue forecast trimmed to $770 million: eMarketer
The 2017 advertising revenue forecast for Snap Inc’s Snapchat has been trimmed by $30 million due to higher than expected revenue sharing with its partners, digital marketing firm eMarketer said in its latest ad spending forecast on Tuesday.
Sunday, March 12, 2017
Millennial love for Snapchat extends to the stock
For some millennial investors, loyalty to one of their favorite apps matters more than financial details in the case of Snap Inc.
Wednesday, March 8, 2017
Snap perks up after initial rush of short sellers
Shares of Snap Inc bounced back on Wednesday following a steep selloff while an initial rush to short sell the stock appeared to be slowing.
Monday, March 6, 2017
Investor group seeks to bar Snap from indexes over voting rights
A group representing large institutional investors has approached index providers S&P Dow Jones Indices and MSCI Inc, looking to bar Snap Inc and any other company that sells investors non-voting shares from their stock benchmarks.
Friday, March 3, 2017
NBCUniversal invests $500 million in Snap's IPO
Thursday, March 2, 2017
Investors see Snap's IPO as 'too big to fail'
Institutional investors anxious not to be left out of this year's marquee initial public offering helped Snap Inc pull off the biggest U.S.-listed technology share sale this week since Chinese e-commerce juggernaut Alibaba Group Holding Inc smashed records in 2014.
Monday, February 27, 2017
Snap expects some IPO investors to make year-long commitments
Snap Inc, owner of popular messaging app Snapchat, disclosed on Monday that it expected investors buying up to a quarter of the shares in its $3.2 billion initial public offering this week to agree not to sell them for a year.
Monday, February 20, 2017
Snap bets on hardware as Facebook threat looms
Snap Inc takes to the road in London on Monday to promote its initial public offering with a daring proposition: that it can build hot-selling hardware gadgets and ad-friendly software features fast enough to stay one step ahead of Facebook.
Thursday, February 9, 2017
Snap to spend $1 billion on Amazon cloud services
Snap Inc, owner of the popular Snapchat app, said it expected to spend $1 billion over the next five years to use Amazon.com Inc's (AMZN.O) cloud services, in addition to the $2 billion cloud contract it already has with Google (GOOGL.O).
Sunday, February 5, 2017
At Snap, cost of hosting sets high bar for revenue growth
Snap Inc’s initial public offering filing seemed to show a company with a basic math problem: the company's cost of revenue for 2016 - the amount it had to spend just to keep the messaging service running - was $47 million higher than its $405 million in sales.
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