2 Stocks Under $20 in Focus Amid Market Selloff
SNAPSnap(SNAP) Schaeffers Investment Research·2024-08-02 23:23

Snap Inc (NYSE:SNAP) is down a 23.9% to trade at 9.74atlastcheck,afterthesocialmediacompany′soutlookforthefiscalthirdquartercameindramaticallyshortofanalysts′expectations.ThismakesSNAPacontenderfor Schaeffer′sCheapSeats:StocksUnder9.74 at last check, after the social media company's outlook for the fiscal third quarter came in dramatically short of analysts' expectations. This makes SNAP a contender for Schaeffer's Cheap Seats: Stocks Under 20 segment.SNAP is on track for its worst single-day percentage drop since February, and hit its lowest level since October earlier. The shares also breached former support at the $10 level, which contained its April pullback. SNAP is down 41.8% f ...