SNAP Jan 2023 40.000 put
| Previous Close | 28.90 |
| Open | 28.80 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 40.00 |
| Expire Date | 2023-01-20 |
| Day's Range | 28.70 - 28.90 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
- Editor's PickYahoo Finance Video
Snapchat+ boasts over 1 million subscribers and new features
Yahoo Finance Live's Dave Briggs look at Snap's stock after the social media company debuted its Snapchat+ feature.
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- Reuters
Snap reaches 1 million premium subscribers in bid for new revenue
Snap Inc, parent company of social media app Snapchat, has reached 1 million subscribers for its Snapchat+ premium subscription, the company said on Monday, after launching the service in June as a new source of revenue. Social media companies including Snap, Twitter Inc and Meta Platforms Inc , which all earn the majority of revenue from selling digital advertising, are facing a weakening ad market due to record-high inflation causing brands to reign in their marketing spending. Snap's shares dropped 25% last month after disappointing second quarter earnings, as it suffered from weaker advertising demand than Wall Street had expected.
