Snap Inc(SNAP-N)
NYSE

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Day Low5.27
Day High5.55
Open:5.37
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Snap (SNAP) Receives a Hold from RBC Capital
Jefferies Sticks to Their Buy Rating for Snap (SNAP)
Analysts Offer Insights on Communication Services Companies: EverQuote (EVER), VEON (VEON) and Snap (SNAP)
Goldman Sachs Keeps Their Hold Rating on Snap (SNAP)
Mizuho Securities Sticks to Their Hold Rating for Snap (SNAP)
J.P. Morgan Sticks to Their Sell Rating for Snap (SNAP)
Snap (SNAP) Receives a Buy from BMO Capital
Analysts Offer Insights on Communication Services Companies: Snap (SNAP), AppLovin (APP) and Electronic Arts (EA)
Rosenblatt Securities Remains a Hold on Snap (SNAP)
Piper Sandler Keeps Their Hold Rating on Snap (SNAP)
Analysts Have Conflicting Sentiments on These Communication Services Companies: Snap (SNAP), EverQuote (EVER) and Echostar (ECHO)
Analysts Have Conflicting Sentiments on These Communication Services Companies: Universal Music Group (OtherUMGNF), Snap (SNAP) and E. W. Scripps Company Class A (SSP)
Barclays Reaffirms Their Buy Rating on Snap (SNAP)

Profile

Snap's flagship product, Snapchat, is a mobile camera application that helps people to communicate through short videos and images called Snaps. The application is one of the most popular and trendy messaging and social media applications in the United States. It is also growing rapidly in other international markets, such as India.Snapchat's popularity, especially with teens and millennials, can primarily be attributed to its ephemerality i.e. photos/videos and text sent to friends via Snapchat disappear after sometime. Moreover, an interactive style of chat developed by the addition of stickers, doodling etc. has really caught the fancy of teens. Advertising forms the mainstay of Snap's revenues. The company is helping advertisers reach millennials and Gen Z audience, who are more active on immersive mobile platforms like Snapchat.