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Welcome to Markets Live
No need to thanks us.
When was that?
We explained then that all the kids were dropping use of Snap
This was not a float, it was effectively a nationalisation
Cos Snap couldnt sell itself to Facebook
And now look at the price
You’d think a few of analysts following this thing would have the good grace to throw in the towel
Cost of Revenue Leverage and Growing Engagement Is Encouraging Despite Mixed First-Quarter Results
Moreover, we still believe Snap is at an early stage in its monetization ramp and can gain share in a rapidly growing video and social advertising market. During the quarter, the company also noted increased engagement with the app and pointed to positive signs that its API initiative is starting to gain traction. Over 20% of impressions served came from the API, which,in our view,is a positive metric given the product is just six months into release.
Mixed First Quarter, But Maintain Buy Rating
The Long-Term Investment Thesis Is Not an Ephemeral Thing
1Q: DAU net adds accelerate as engagement increases; remain Buy
I’ll stop there
Okay, you know my views here. You