SNAP Stock Plunges 44.1% YTD: Should Investors Hold or Fold?
Snap(SNAP) ZACKS·2024-08-21 15:11
Snap Inc. (SNAP) , the parent company of popular social media platform Snapchat, has seen its stock price plummet 44.1% year to date and underperform the Zacks Computer and Technology sector's return of 22.5%, leaving investors questioning whether to maintain their positions or cut their losses. Snap's stock presents a high-risk but potentially high-reward scenario. While the company faces significant challenges in advertising and competition, its innovative approach and engaged user base offer hope. Snap h ...