HomeIndustriesEntertainment & MediaSNAP: No Guidance With A Share Buyback

SNAP: No Guidance With A Share Buyback

Has TikTok been a bigger threat than Snapchat to dethrone a social media giant like Meta Platforms (META)? The SNAP stock price is down around 2% this past year. George Tsilis weighs in on the latest SNAP earnings report that indicated 406M daily active users. How does the average revenue per user compare? Snap Inc. stated that they will not provide forward guidance due to the "unpredictable nature of war."

Next Gen Investing

26 Oct 2023

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