Where Will Snap Stock Be In 1 Year?

The social media company remains in the penalty box. Snap (SNAP -0.76%), the parent company of Snapchat, lost more than 43% of its value over the past 12 months. It also trades 45% below its IPO price and nearly 89% below its all-time high. That decline can be attributed to concerns about its slowing ad sales, the impact of tariffs and trade wars on its advertisers, and tougher competition. Citing those macroeconomic challenges, Snap management didn't provide an outlook for the second quarter during its fir ...