![]() ![]() How did Snap manage to spook investors so severely? As we reported yesterday, the company not only missed revenue forecasts but declined to give guidance on future quarters due to “uncertainties related to the operating environment.” The stock has dropped nearly 90% from its all-time high of $83.34 in September of last year, erasing tens of billions in market cap value and falling harder than embattled, volatile cryptocurrencies like Bitcoin. The stock price is down nearly 40% for the day, at the time of writing, as investors rejigger their expectations for the future performance of the stock.Īfter closing just below $16.50 yesterday, their stock is now hovering below $10. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.Investors in social media company Snap are reeling this afternoon as the stock has endured a bit of a meltdown following its release of Q2 earnings yesterday. compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. We may also receive compensation if you click on certain links posted on our site. We may receive compensation from our partners for placement of their products or services. ![]() While we are independent, the offers that appear on this site are from companies from which receives compensation. in September 2016.į is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. The company was formerly known as Snapchat, Inc. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective and advertising products, including AR ads and Snap ads comprises a single image or video ads, story ads, collection ads, dynamic ads, and commercials. The company offers Snapchat, a camera application with various functionalities, such as Camera, Communication, Snap Map, Stories, and Spotlight that enable people to communicate visually through short videos and images. operates as a camera company in North America, Europe, and internationally. This would suggest that Snap's shares are less volatile than average (for this exchange). ![]() The market (NYSE average) beta is 1, while Snap's is 0.9746. volatility (beta: 1.00) Low Highīeta is a measure of a share's volatility in relation to the market. A popular way to gauge a stock's volatility is its "beta". Over the last 12 months, Snap's shares have ranged in value from as little as $9.34 up to $79.3. We're not expecting Snap to pay a dividend over the next 12 months. TTM: trailing 12 months Snap share dividends That, coupled with its simple account creation process, fractional shares and instant deposits, lowers the barrier to entry for investors to get started in the markets.Ĭlient disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Robinhood is our pick for this category because it features one of the cleanest, most streamlined interfaces for trading stocks. ![]() These social features are a great way for new investors to learn about the market and follow trends. eToro also lets you see and copy trades that other investors are making and discuss investment strategies on the app. We chose eToro for this category because it offers commission-free stocks, fractional shares and a complimentary $100,000 demo account so you can practice trading with virtual currency. SoFi also has certified financial planners on staff to help talk you through investment strategies and financial goals - for free. #Snap stock price free#These include $0 commission trades, an easy-to-use and highly-rated web platform and mobile app, fractional shares, free automated investing and access to crypto. We chose SoFi for this category because it packs a ton of beginner-friendly features into its investing account. We encourage you to compare stock platforms to find one that's best for your particular budget and goals. We evaluate stock trading platforms against a range of metrics that include fees, ease of use, available securities and advanced tools to meet specific investor needs. ![]()
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