Snapchat can thank India for its soaring stock price ...Middle East

Snapchat’s stock price briefly hit an all-time high today (Dec. 29) after receiving a very enthusiastic buy rating from analysts at Goldman Sachs, who boosted their 12-month price target for the stock by two-thirds, citing new features, strong ad sales, and a growing user base.Snapchat’s user base has grown 75% in the two years since it plateaued during a disastrous 2018. In that inauspicious year, the app began losing users, prompting a string of company executives to quit and elegies from both Fox News and Kylie Jenner. Snap Inc.’s stock price sank to $5 a share, down from the $17 it commanded during an ebullient 2017 IPO.Then, in 2019, a miracle happened: Snapchat started growing again. A

Read More Details
Finally We wish PressBee provided you with enough information of ( Snapchat can thank India for its soaring stock price )

Also on site :

The 5 best-run cities in America — and the 5 worst-run cities
Oil Rises 3% After U.S. Bombs Iranian Nuclear Sites
U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows

Snapchat can thank India for its soaring stock price ...Middle East

ICEYE to deliver space-based ISR capability to the Royal Netherlands Air Force

Oil at $100 a barrel? U.S. role in Iran-Israel fight fuels market jitters

Risen Energy Highlights Advancements in Green Manufacturing, Sustainable Development and Corporate Responsibility in 2024 ESG Report

Minjee Lee Wins KPMG Women's PGA Championship With a Callaway Elyte Driver, Callaway Chrome Tour X Golf Ball, and an Odyssey Ai-ONE Square 2 Square Putter

Africa: Business Summit Aims to Spotlight Opportunities for U.S. Companies in Africa

Treeline Global Secures 25-Year Mandate to Deploy $6.2 Trillion Scientific Framework; Additional Strategic Systems Announced

One in seven people ‘have lost money to fraud in past year’

U.S. Sits on Billions of Untapped Oil Barrels

Oil Rises 3% After U.S. Bombs Iranian Nuclear Sites

State Launches State Echo: An Agentic AI Platform for Insurance Follow-Up and Denials Management

Tesla launches long-awaited Robotaxi in Austin

Middle Eastern Oil Giants Go On LNG Buying Spree

U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows

What the U.S. strikes on Iran could mean for world oil prices

Why a Water-Powered Car is Scientific Nonsense