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Wall Street analysts are warning people not to buy Snapchat (SNAP)
Snap is still flying above its initial public offering price, even though the Snapchat maker doesn't have a single "buy" rating from Wall Street analysts.After Snap's IPO on Thursday, the stock jumped...
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A group of investors wants to bar Snapchat from being added to stock market...
A group representing large institutional investors has approached stock index providers S&P Dow Jones Indices and MSCI Inc, looking to bar Snap Inc and any other company that sells investors...
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Snapchat is still sliding (SNAP)
Snap Inc. shares were lower in trading on Tuesday, a day after they fell below the opening price of $24 a share.The stock of Snapchat's parent company has dropped 11% to as low as $21 a share, sending...
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Here's why Snapchat's stock is plunging
The third day was not the charm. Not for Snap, the company that owns the Snapchat app. An investor revolt, spearheaded by the Council of Institutional Investors, against Snap's nonvoting Class A shares...
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3 reasons why Snapchat is more like Facebook than Twitter
Like other tech IPOs, Snap Inc comes with plenty of risk. It has only two years of financial records under its belt, with just $58 million in revenue in 2015, and the future of its platform and...
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Evan Spiegel just got an $800 million bonus for taking Snap public (SNAP)
Snapchat cofounder Evan Spiegel just became $800 million richer.The 26-year-old CEO has been officially awarded roughly 37 million additional company shares, according to a regulatory filing with the...
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Snapchat is facing 2 big growth barriers, and the stock is sinking because of...
Snap's stock is taking a beating after a splashy initial public offering last week.For all the buzz surrounding the maker of the popular Snapchat messaging app, there are two very big obstacles that...
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Snapchat's new filter in honor of Marie Curie gives you a full face of makeup...
Marie Curie was known for a lot of things: her pioneering physics research, winning two Nobel Prizes, and paving the way for female scientists. So it struck a lot of people as a little odd that...
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Snapchat rallies after hedge fund billionaire David Tepper buys shares and...
Shares of Snap Inc rebounded on Wednesday following a steep selloff while an initial rush to short sell the stock appeared to be slowing.The owner of the Snapchat messaging app had fallen sharply in...
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Alphabet's Eric Schmidt explains how Google played a key role in Snapchat's...
When Snapchat's parent company, Snap, filed last month for a blockbuster $3 billion initial public offering, it was revealed that the young social network had also signed a $400 million-per-year deal...
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Traders are paying 'extortionate fees' to short Snapchat (SNAP)
Traders are paying "extortionate fees" of 15% to 20% to borrow shares of Snap in order to short them, according to figures reported by Simon Colvin, a research analyst at IHS Markit.Snap shares surged...
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Facebook's clone of Snapchat is in Messenger now, too (FB)
After copying Snapchat in Instagram, WhatsApp, and the main Facebook app, Facebook is turning to Messenger.On Thursday the company announced Messenger Day, which works like Snapchat Stories by letting...
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Facebook would 'love' to acquire Snap if shares drop to $14, says analyst...
Facebook would "love" to acquire Snap Inc. if shares dipped to $14, FBN Securities analyst Shebly Seyrafi said in a note to clients on Thursday."One of the key points that the bears on Snap may be...
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Snapchat has opened a new storefront for Spectacles in Los Angeles (SNAP)
Snapchat has a new storefront for its Spectacles camera glasses.The app's parent company, Snap Inc., has opened a new retail store just a stone's throw from its headquarters in the beachtown Venice,...
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Facebook Messenger has perfected its Snapchat clone (FB, SNAP)
This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here.Facebook Messenger is rolling out its Snapchat stories clone, dubbed...
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Facebook's mimicry of Snapchat has become a confusing mess (FB, SNAP)
Facebook's copying of Snapchat made sense in Instagram. Everyone there already shared photos and videos, so why not let them expire after 24 hours?But now that Facebook has systematically cloned...
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Millennials love Snapchat's stock (SNAP)
For some millennial investors, loyalty to one of their favorite apps matters more than financial details in the case of Snap Inc.The stock of Snapchat's parent company has been on a roller-coaster ride...
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This app makes it easy to share slick 'stories' to Snapchat and Instagram (SNAP)
Most videos shared on Snapchat or Instagram are simple: selfies, streaks, or your surroundings. But increasingly, publications, brands, and people with large followings are creating a new kind of clip,...
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Snapchat has hired its first employee in Germany and there are more recruits...
Snap, the parent company of Snapchat, has employed its first person in Germany as it looks to expand its business further into Europe.The LA-headquartered tech firm, which listed on the New York Stock...
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The largest public pension fund in the US thinks Snap should be labeled 'junk...
The publicly traded shares without any voting rights in a company totally controlled by just two guys should be labeled “junk equity,” said Anne Simpson, an investment director at the California Public...
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