Shares of Snap slid by a staggering 20.25% in 14 days from $64.64 to $51.55 at 22:47 EST on Wednesday, following the last session’s upward trend. NYSE Composite is falling 1.96% to $16,035.31, after three successive sessions in a row of losses.
Snap’s last close was $53.29, 42.75% below its 52-week high of $73.59.
Snap’s sales growth is 92.2% for the current quarter and 83.8% for the next. The company’s growth estimates for the ongoing quarter and the next is 88.9% and 500%, respectively.
Year-on-year quarterly revenue growth grew by 66.4%, now sitting on 2.81B for the twelve trailing months.
Snap’s Stock Yearly Top and Bottom Value
Snap’s stock is valued at $51.55 at 22:47 EST, way below its 52-week high of $73.59 and way higher than its 52-week low of $12.01.
Snap’s Moving Average
Snap’s value is way under its 50-day moving average of $59.36 and above its 200-day moving average of $47.73.
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