Where Will Snap Stock Be in 1 Year?
Snap's (NYSE: SNAP) stock price plunged 15% during after-hours trading on Jan. 31 following its fourth-quarter report. Its adjusted earnings fell 38% to $0.14 per share but still cleared the consensus forecast by two cents. Snap's high-growth days are clearly over, and the stock's decline of more than 60% over the past 12 months reflects that slowdown.