Down 91% From Its Record High, Can Snap Stock Snap Back in 2025?
Snap is making all the right moves to fuel a long-term recovery, but they need some time to bear fruit. Snap (SNAP 0.99%) owns the popular Snapchat social media platform. Its stock is down 91% from its peak in 2021, which is the year Apple adjusted some of its privacy rules to make it harder for app developers to track their users across the internet. Since the iPhone is the most popular smartphone in lucrative markets like the U.S., this meant Snap could no longer accurately target a sizable chunk of its m ...