Likewise, Youssef Squali finds himself puzzled by layoffs in engineering as he reacts to Snap’s recent 8-K filing.
While Snap surpassed the Street’s expectations for Q4, Wedbush’s Michael Pachter remains unconvinced.
Pivotal’s Brian Wieser sees no reason to substantially change his long-term model, leaving him bearish on Snap’s bigger picture- for now.
GBH Insights’ Daniel Ives commends Snap’s “overhaul” of its app design, hoping it helps reposition the company for a comeback.
Drexel Hamilton’s Brian White is bullish on SNAP stock, believing its new innovations and fresh original content can translate to higher user engagement and surging revenue down the line.
Wells Fargo’s Peter Stabler is encouraged by Snap’s user experience simplification, but says the update is not in the league of “evolutionary.”
Snap misses across the board for Q3 earnings, stock gets whacked; Brian Wieser reiterates a Sell.
With prices falling, does the reward now outweigh the risk for SNAP and LC?
SNAP continues to frustrate investors after rough 3Q turnout.
Snap Inc (NYSE:SNAP) third-quarter earnings report was another failure on a long, downward path for the social media company as user growth slowed …