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Snap shares were among the losers of the day on Tuesday afternoon. Snap’s stock was recently on a downward trend, losing 1.3 percent to USD 13.18 in New York trading.
Snap shares fell by 1.3 percent to USD 13.18 in New York trading at 3:52 p.m. Snap shares reached their lowest point of the day so far at USD 13.17. At the opening bell, the stock was at USD 13.31. Most recently, 179,656 Snap shares changed hands via New York.
On December 19, 2023, the share price rose to the 52-week high of USD 17.89. Snap shares need to gain 35.79 percent to reach the 52-week high again. The share price fell to USD 8.28 on September 27, 2023, reaching its lowest level in 52 weeks. The distance to the 52-week low is currently 37.15 percent.
Snap shareholders were entitled to a dividend of $0.000 in 2023. Next year, it is estimated that $0.000 will be paid out.
Snap let us take a look at its books on April 25, 2024: At the quarterly financial conference, the group disclosed its balance sheet for the quarter ended March 31, 2024. The loss per share was -0.19 USD. In the previous year’s quarter, the books showed -0.24 USD per share. On the sales side, Snap posted 1.19 billion USD last quarter. This corresponds to an increase in sales of 11.90 percent compared to the previous year’s result. At that time, Snap had sales of 1.07 billion USD.
The upcoming Q2 2024 key figures are expected to be published on August 1, 2024.
In 2024, Snap is expected to post a loss of -0.507 USD, experts predict.
Editorial staff finanzen.net
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