|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||12.51 - 13.01|
|52-week range||11.28 - 29.44|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||12.74|
When a venture capitalist coined the concept “unicorn club” in 2013, it referred to software start-ups valued at $1 billion or more—just 39 at that time. Just 32 have gone through with initial public offerings since they became a class unto themselves, according to VentureSource, and they have tended to be smaller names. Large companies like Uber Technologies, Dropbox, Lyft, Spotify, and Airbnb have so far spurned the public market.
Nothing adds sparkle to a portfolio like timely investing in the best IPOs. Here are tips on how to buy new stocks and a list of top performers to watch now.
In 3Q17, Snap’s revenues grew 62% YoY to $209.9 million but still fell short of the consensus estimate, which called for revenues of $236.9 million.
Lone Pine Capital, Soros Fund Management and Valinor Management are among at least 18 hedge funds that exited their positions in Snap Inc. during the quarter ended Sept. 30, likely avoiding the worst of ...
Snap recently disclosed in a securities filing that Tencent had purchased 145.8 million of its shares—equivalent to a 12% equity stake in the company.
"When we look at Snap's business we continue to feel there's a lot of engagement with the end users," president Martin Lau told analysts.
Stocks look set for a lower open this morning as overseas markets sold off. Retail sales data contained few surprises, while a measure of economic activity in the New York region surprised to the downside. ...
News the next day that China’s “Midas touch” company, Tencent Holdings (TCEHY), had bought about $2 billion in Snap stock counterintuitively sent the shares lower. After all, Snap’s only publicly traded stock, class A common shares, are nonvoting. Tencent, through its newly acquired 146 million class A shares, has about as much say in the running of the company as someone who doesn’t own any stock.
By Trevor Hunnicutt NEW YORK (Reuters) - Fund managers expressed sharply contradicting views on Snap Inc (SNAP.N) during the social media company's challenged third quarter, regulatory filings showed on ...
Fund managers expressed sharply contradicting views on Snap Inc during the social media company's challenged third quarter, regulatory filings showed on Tuesday. The Venice, California-based maker of messaging app Snapchat debuted on the stock market in a March public offering that was the hottest of any tech stock in years. The company responsible for T. Rowe Price Group Inc's funds reported a more than 90 percent decline in the number of Snap shares it held at the end of September.
George Soros's hedge fund, Soros Fund Management LLC, eliminated or reduced investments in some of the biggest names in tech last quarter, including Facebook Inc. and Apple Inc. Soros divested a 1,700-share ...
Interested in buying the next "hot" IPO stock? Learn these lessons from the initial public offerings for Facebook, Alibaba, Square and Snap first.
Facebook is cleaning up the redundancy in its Snapchat Stories clones. Today Facebook is killing off the Messenger Day brand and merging the chat app's stories feature with Facebook Stories. Now, just called "Stories," 24-hour ephemeral posts in either Facebook or Messenger will appear in both apps, and viewing will be synced, too, so you won't see a Story as unviewed in one app if you already watched it in the other.