Down 87% From Its All-Time High, Is Snap Stock Too Cheap to Pass Up?
Snap(SNAP) The Motley Fool·2024-02-29 11:23
It's been a rough start to the year for Snap (SNAP 0.92%) as its shares have plummeted more than 35% already in 2024. The social media stock hasn't been nearly as hot of a buy as other growth stocks lately.But has the stock been punished too severely by investors for a single poor earnings report? Let's take a look at Snap's problems and whether this could make for a good contrarian stock to buy right now.What's wrong with Snap stock?Snap is a popular social media platform with young adults and teens, but t ...