Is It Too Late to Buy Snap Stock?
Snap (NYSE: SNAP) posted a dazzling second quarter report on July 22, and the stock skyrocketed to an all-time high the following day. Snap's revenue and DAUs rose at their fastest rates in four years. For the third quarter, Snap expects its revenue to rise between 58% and 60% year over year and for its adjusted EBITDA to increase between 79% and 114%.