Snap shares rebounded slightly in New York trading on Friday, October 4, 2024, rising 0.4 percent to $10.78. This positive development comes despite the EU Commission’s recent announcement that it will seek information about Snapchat’s recommendation systems. The investigation, which also involves YouTube and TikTok, could have far-reaching consequences for the company’s business practices.
Current financial figures
With a market capitalization of 13.8 billion euros, Snap remains a significant player in the technology sector. The current price performance shows an increase of 2.19 percent in the last month, indicating growing investor confidence. However, the stock remains below its 52-week high at 70.16 percent, reflecting volatility in the technology sector.
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Snap shares: buy or sell?! New Snap analysis from October 6th provides the answer:
The latest Snap numbers speak for themselves: there is an urgent need for action for Snap shareholders. Is it worth getting started or should you sell? In the current free analysis from October 6th you will find out what to do now.
Snap: Buy or sell? Read more here…
