Snap’s stock was one of the more successful of the day on Wednesday afternoon. Snap’s stock recently gained in New York trading, rising by 1.6 percent to USD 8.78.
Snap shares were trading in the green at 3:53 p.m. in New York, gaining 1.6 percent to USD 8.78. Snap shares reached their highest level of the day so far at USD 8.79. At the start of trading in New York, the stock was trading at USD 8.68. Most recently, the New York volume rose to 170,343 Snap shares.
On December 19, 2023, the stock rose to the current 52-week high of USD 17.89. With an increase of at least 103.76 percent, Snap shares could mark a new 52-week high. On September 27, 2023, the share price fell to USD 8.28, reaching its lowest level in 52 weeks. With a price loss of 5.69 percent, Snap shares would fall back to the level of the 52-week low.
In 2023, a dividend of $0.000 was paid to Snap shareholders. In the current year, experts expect $0.000.
On August 1, 2024, Snap presented its financial statements for the past quarter, which ended on June 30, 2024. In terms of EPS, a loss of -0.15 USD per share was reported. Last year, Snap generated -0.24 USD per share. Sales for the past quarter were reported at 1.24 billion USD – an increase of 15.84 percent compared to the same quarter last year, when 1.07 billion USD were on the books.
The results for the current quarter Q3 2024 are expected to be presented on October 22, 2024.
According to experts, the 2024 balance sheet is likely to show a loss of -0.522 USD per Snap share.
Editorial staff finanzen.net
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