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Is Snap Stock a Buy?

·4 min read
Is Snap Stock a Buy?
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Snap's (NYSE: SNAP) stock price plummeted 21% during an after-hours sell-off on Oct. 21 after the social media company posted its third-quarter results. Snap's revenue rose 57% year over year to $1.07 billion, but narrowly missed estimates by $30 million. On a non-GAAP basis, Snap's earnings skyrocketed from $0.01 to $0.17 per share, which beat expectations by $0.09.

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