TagSnapchat

This Stock Was Left for Dead - Now It's The S&P 500's Surprise Hero

bitcoin dead

Following its disastrous initial public offering (IPO), many investors left Snap Inc. for dead. However, the Snapchat creator's stock has bounced back with a vengeance. The company’s shares are up by a jaw-dropping 185% in 2019, making it the S&P 500's top performer - and surprise hero. Snap stock now trades at $15.66 after dropping as low as $4.82 in December 2018. At that point, the stock...

Arnold Schwarzenegger Falls for Snapchat but Should Investors Pile In?

By CCN: Arnold Schwarzenegger, star of “The Terminator” (and nothing else lately), found himself the victim of an assault at an event in South Africa. While attending “Arnold Classic Africa” in Johannesburg, which features a wide array of sporting events and physical activities, the 71-year-old "Last Action Hero” was filming participants when he received a flying kick to the back by an unknown...

Snap Stock Surges 12%: Here's Why You Shouldn't Trust This Rally

snap stock, snapchat

Snap. Inc shares are soaring after analysts at BTIG have turned bullish on the outlook for Snapchat. Up more than 12% on the day, there were a couple of notes from BTIG analyst Richard Greenfield that got volumes surging in the fledgling tech company. In my view, the logic of his reasoning could be sound in the near term, but his $15 price target looks a stretch, and he could potentially be...

Why Snap Stock Soared an Unbelievable 30% in Just 5 Days

snapchat stock

Snap stock has jumped 30% over the past week, from under $7 to over $9. Here in cryptoland, everybody’s mind is on big Bitcoin and the other top cryptos. However, if you pulled your money out of something like XRP five days ago and put it into Snapchat, you’d have made a killing. The five-day chart tells the big story. The chart from Monday shows these gains are here to stay. Monday trading...