After Recent Earnings, What's the Investment Thesis for Snap Now?

It's been a rough past few days for Snap (NYSE: SNAP) shareholders. The Snapchat parent's stock is trading down more than 20% since posting its second-quarter numbers last Tuesday, in fact, and still testing lower lows. The company's revenue miss clearly rattled investors.The question is, is yet another disappointing quarter enough of a reason to finally give up on Snap? Or is this stock's recent setback a chance to step into a compelling story at an even better price?Snap's Snapchat app is a social media platform, albeit a very different one than Meta Platforms' Facebook or X (formerly known as Twitter). Namely, Snapchat doesn't feature a "news" feed like X and Facebook do in the center of their user interfaces. Snapchat's focus is instead on messaging and sharing pictures specifically with friends.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool