snap inc

  • Snap has already tumbled 11% on day four

    Snap has already tumbled 11% on day four

    Snap, the parent of Snapchat, had a great first two days on the stock market, only to be followed by two terrible ones. Shares quickly tumbled to beneath $22, a more than 11 percent drop in morning trading. This means that most investors are already losing money on the social media company. Snap opened Thursday at $24 per share. It is still above its $17 IPO price, but that’s… Read More

  • Should Snap buy Twitter?

    Should Snap buy Twitter?

    The idea might not be as dumb as you think (or maybe it is). Read More

  • Snap tumbles 12% on day three, erases gains

    Snap tumbles 12% on day three, erases gains

    Snapchat parent Snap Inc. debuted on the stock market Thursday and immediately saw substantial gains on its first two days. But the excitement has already worn off, with shares tumbling more than 12 percent on day three. After finishing Friday at $27.09 per share, Snap closed at $23.77 on Monday, beneath the $24 where it opened on its first day of trading. This is still above the $17… Read More

  • Did Snap leave money on the table?

    Did Snap leave money on the table?

    Snap priced its IPO at $17 per share on Wednesday, raising $3.4 billion. Then it opened Thursday at $24 per share and closed at $24.48. That’s a 44 percent gain for the select investors who bought into the IPO.  And that gain looks great… for new investors. But it also means that Snap could have sold its shares for a higher price! If Snap priced its shares just a little higher… Read More

  • Snap reportedly looked at drones as a product option

    Snap reportedly looked at drones as a product option

    Snap’s camera company ambitions included exploring drones as a possible product line, according to a new report from the New York Times. The drone plans would’ve given users the potential to take photos and videos from an eagle-eye perspective to share on Snapchat, its social network, and would’ve offered another hardware option alongside Spectacles as a way to help users… Read More

  • BBC jumps into Snapchat Shows with Planet Earth II; Snap expands Snapcodes

    BBC jumps into Snapchat Shows with Planet Earth II; Snap expands Snapcodes

    Snapchat may be facing slowing user growth, and relatively no revenues, outside of the U.S. at the moment, but it is also tapping the international opportunity in other ways. Today, its IPO-bound parent company Snap announced a new deal with the UK’s BBC Worldwide to produce a new, six-episode Snapchat Show for North America based on the Beeb’s wildly popular Planet Earth… Read More

  • Snapchat growth slowed 82% after Instagram Stories launched

    Snapchat growth slowed 82% after Instagram Stories launched

    Snapchat was flying high in early 2016, but the launch of direct competitor Instagram Stories coincided with a massive drop in how fast Snapchat was growing, judging by new stats in its IPO filing. That aligns with our report that multiple analytic providers and social media talent managers saw a big decline in Snapchat usage after Instagram Stories came out. While we can’t be sure… Read More

  • Snap says “diversity is about more than numbers”

    Snap says “diversity is about more than numbers”

    Snap Inc., the parent company of Snapchat and Spectacles, included in its filing to go public a brief tidbit on diversity. Unlike tech companies like Apple, Google, Twitter, Facebook and several others, Snap has not released a diversity report. At the end of 2016, Snap employed 1,859 employees, but Snap won’t say how diverse it is. “That’s because we believe diversity is… Read More