Facebook and Instagram are the most popular social networks on the planet. Parent company Meta Platforms has parlayed that competitive edge into a strong position in the digital ad industry, and shareholders have been well compensated. In the first quarter, the company posted its slowest revenue growth since going public.
Many cryptocurrencies crashed over the past few months as inflation, rising interest rates, and other macroeconomic headwinds drove investors toward safer assets. Last February, Snap claimed it could generate about 50% annual revenue growth for "the next several years."
SANTA MONICA, Calif., May 17, 2022--Snap Inc. (NYSE: SNAP) announced today that Evan Spiegel, co-founder and Chief Executive Officer, will participate in the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 23, 2022 at 5:10 p.m. Eastern.