1 Growth Stock Down 85% You'll Wish You'd Bought on the Dip
Snap(SNAP) The Motley Fool·2024-11-01 17:29
Snap just delivered a strong set of quarterly financial results.Snap (SNAP -3.65%) is the parent company of social media platform Snapchat. Its stock is down 85% from its all-time high, which was set during the tech frenzy in 2021. While many of its peers also plunged following that period, Snap struggled to mount a sustained recovery.The company's revenue growth isn't keeping pace with other social media giants like Meta Platforms, and it also continues to lose money at the bottom line. However, Snap's rec ...