Stay updated with breaking news from Snap star. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shares of social network Snapchat (NYSE: SNAP) jumped 6.1% in the afternoon session after social media and online advertising peer, Pinterest reported first-quarter results with revenue exceeding analysts' expectations on higher-than-expected MAUs (monthly active users). ....
Shares of social network Snapchat (NYSE: SNAP) jumped 27.5% in the afternoon session after the company reported first-quarter results with revenue beating expectations, driven by better-than-expected daily active users. Its revenue growth and higher operational efficiency also enabled it to post positive EBITDA and free cash flow, beating Wall Street's pessimistic estimates. ....