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Snap Inc (SNAP.N)

SNAP.N on New York Stock Exchange

9.21USD
20 Sep 2018
Change (% chg)

$0.05 (+0.55%)
Prev Close
$9.16
Open
$9.02
Day's High
$9.24
Day's Low
$8.67
Volume
6,239,276
Avg. Vol
4,520,512
52-wk High
$21.22
52-wk Low
$8.67

Latest Key Developments (Source: Significant Developments)

Snap And DC Entertainment Announce Content Partnership To Bring Mad Magazine To Snapchat
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Snap Inc ::SNAP AND DC ENTERTAINMENT ANNOUNCE CONTENT PARTNERSHIP TO BRING MAD MAGAZINE TO SNAPCHAT.SNAP INC - COLLABORATION TO BRING MAD CONTENT TO SNAPCHAT WILL LAUNCH ON SEPTEMBER 1, 2018.  Full Article

Snapchat Integrates Nielsen Premium Audience Segments
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Nielsen Holdings PLC ::SNAPCHAT INTEGRATES NIELSEN PREMIUM AUDIENCE SEGMENTS.NIELSEN - INTEGRATION WILL ALLOW ADVERTISERS & AGENCIES TO BUY INVENTORY ON SNAPCHAT USING NIELSEN-BRANDED AUDIENCE SEGMENTS.NIELSEN - OFFERING WILL ALLOW CLIENTS ACCESS TO AUDIENCE DATA ACROSS MORE THAN 30,000 SEGMENTS.NIELSEN - ADVERTISERS & MARKETERS CAN CREATE & CONNECT WITH PERSONALIZED AUDIENCE SEGMENTS.  Full Article

Tesla Says Snap's Stuart Bowers Is Joining Co As VP, Engineering
Tuesday, 22 May 2018 

May 22 (Reuters) - Tesla Inc: :TESLA SPOKESPERSON SAYS CONFIRMS SNAP’S VICE PRESIDENT OF MONETIZATION, STUART BOWERS, IS JOINING COMPANY AS VP, ENGINEERING.  Full Article

Snap cuts about 100 employees in latest round of downsizing - Bloomberg
Thursday, 29 Mar 2018 

March 29 (Reuters) - :SNAP CUTS ABOUT 100 EMPLOYEES IN LATEST ROUND OF DOWNSIZING - BLOOMBERG, CITING SOURCES.SNAP INC IS CUTTING ANOTHER SET OF EMPLOYEES, FOCUSING ON THE ADVERTISING SIDE OF THE BUSINESS - BLOOMBERG, CITING SOURCES.  Full Article

China's Tencent takes a 10 pct stake in Snap - CNBC
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - :China's Tencent takes a 10 percent stake in Snapchat parent Snap - CNBC.  Full Article

Snap Inc "misjudged strong early demand" for spectacles and purchased more inventory than co now anticipates being able to sell
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Snap Inc ::Snap Inc - co "misjudged strong early demand" for spectacles and purchased more inventory than co now anticipates being able to sell.Snap - "moving forward, we will continue to be in the market place with spectacles and expect modest revenue from the product line".Snap Inc - "we are currently redesigning our application to make it easier to use"‍​.Snap - "there is a strong likelihood that the redesign of our application will be disruptive to our business in the short term"‍​.Snap - willing to take risk of redesign "for what we believe are substantial longterm benefits to our business‍​".Snap - "we don’t yet know how the behavior of our community will change when they begin to use our updated application".Snap says in 2018, going to build more distribution and monetization opportunities for creator community on snapchat - prepared remarks‍​.  Full Article

Snap Inc says ‍DAUS grew to 178 million
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Snap Inc ::Snap Inc reports third quarter 2017 results.Snap Inc - ‍DAUS grew from 153 million in Q3 2016 to 178 million in Q3 2017​.Snap Inc - qtrly net loss per share attributable to class A, class B, and class C common stockholders $‍0.36​.Snap Inc - ‍ARPU was $1.17 in q3 2017, an increase of 39% over Q3 2016 when ARPU was $0.84​.Snap Inc qtrly revenue $207.9 million, up 62 percent.Snap Inc - ‍in Q3 , recorded $39.9 million of charges related to spectacles inventory​.Snap Inc - ‍hosting costs per dau were $0.68 in Q3 2017, as compared to $0.64 in Q3 2016 and $0.61 in Q2 2017​.Snap Inc - qtrly ‍non-GAAP diluted net loss per share $0.14​.Q3 earnings per share view $-0.15, revenue view $236.9 million -- Thomson Reuters I/B/E/S.  Full Article

Snap Inc introduces Context Cards feature
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Snap Inc ::Snap Inc introduces Context Cards, a feature to display information about the snap users view.  Full Article

eMarketer cuts Snapchat's Fy 17 ad revenue forecast to $774.1 mln from $900 mln
Monday, 2 Oct 2017 

Oct 2 (Reuters) - :eMarketer cuts Snapchat's Fy 17 ad revenue forecast to $774.1 million from $900 million.  Full Article

Snap spectacles hardware lab cuts some jobs, changes leadership - Bloomberg
Thursday, 21 Sep 2017 

Sept 21 (Reuters) - :Snap spectacles hardware lab cuts some jobs, changes leadership - Bloomberg, citing sources.  Full Article

PRESS DIGEST- New York Times business news - Sept 11

Sept 11 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.