Is Snap Inc. Actually Cheap Right Now?
Is Snap Inc. Actually Cheap Right Now?
breaking below its long-time $7 support and sitting near $5 feels rough, especially after such a big drop this year. The numbers weren’t terrible revenue beat, subscriptions jumped, users keep growing, and profits improved. But weaker North America usage, soft guidance, and regulation worries are still hanging over the story. It kind of feels like the market doesn’t trust the recovery yet.
So is this panic creating a real buying opportunity, or is the downtrend not finished?
i feel like the market just doesn't trust snap anymore after so many misses. it might take a few more solid quarters for people to start buying back in.
is a total battleground right now, beating on the top line with sub growth is huge, but the market won't trust the recovery until North America stops leaking users
