Snap Inc traded at $6.67 this Monday February 2nd, decreasing $0.26 or 3.75 percent since the previous trading session. Looking back, over the last four weeks, Snap lost 19.15 percent. Over the last 12 months, its price fell by 40.29 percent. Looking ahead, we forecast Snap Inc to be priced at 6.72 by the end of this quarter and at 6.11 in one year, according to Trading Economics global macro models projections and analysts expectations.
Snap Inc. is a camera company. The Company’s flagship product, Snapchat, is a camera application that helps people to communicate through short videos and images known as a Snap. Snapchat contains of five tabs: Camera, Communication, Snap Map, Stories and Spotlight. Camera is the starting point for creation in Snapchat. Snapchat opens directly to the Camera, helping to create a Snap and send it to friends. Communication allows users to send messages through text, Snaps, and voice or video calling to friends collectively or individually. Snap Map is a live and personalized map that allows Snapchatters to connect with friends and explore what is going on in their local area. Stories feature content from a Snapchatters friends, the Company's community, and content partners. Spotlight is a way to share user-generated content with the entire Snapchat community. The Company’s advertising products include Snap Ads and augmented reality (AR) Ads.