Wait for a SNAP stock correction before buying for the long term Snapchat (NYSE:SNAP ) saw impressive growth during the coronavirus pandemic.The stock reached over $83 in late September 2021 before declining over 50%.Since then, SNAP stock has made a recovery of nearly 25% in the past few weeks.Snapchat has also seen remarkable growth in revenue and the company made a profit in the last quarter after years of losses using generally accepted accounting principles (GAAP). It all happens at the free AI Super Summit On March 2, This AI "Roadmap" Goes Live Two of Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution.
Snapchat Is Risky in the Short Term but Lucrative in the Long TermĬopyright 2023 InvestorPlace Media, LLC.All rights reserved.1125 N.Charles St, Baltimore, MD 21201.
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