|Bid||12.62 x 1000|
|Ask||12.63 x 800|
|Day's Range||12.55 - 12.73|
|52 Week Range||10.50 - 21.22|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.83|
Social media companies like Facebook and Twitter were already taking a beating on Wall Street then came this week's report from Snapchat of its own big drop-off in daily active users. The trend has some wondering if the once-unstoppable trend of social media growth might be reversing course. Wired senior writer Lauren Goode joins “CBS This Morning: Saturday” to discuss the recent controversies plaguing social media companies and why people might be turning away from apps like Snapchat.
Could avatars be the supermodels of the future? Yahoo Finance's Seana Smith, Dan Howley, Jen Rogers, and Dion Rabouin discuss the new beauty standards and how selfies have impacted plastic surgery requests.
AT&T (T) is looking forward to expanding in the media industry and unlocking new opportunities after its acquisition of Time Warner. AT&T is planning to focus on advertising and digital content distribution following the acquisition. According to Forbes, AT&T is planning to reduce prices for customers through advertising, by shifting some content creation costs from customers to advertisers.
MARKET PULSE Shares of Twitter Inc. (twtr) are up 3.4% in Monday trading after Citron Research turned bullish on the stock, setting a $52 price target. "Twitter is more relevant now than it has ever been and in media, dollars follow relevancy," Citron analysts wrote.
NEW YORK, NY / ACCESSWIRE / August 13, 2018 / Facebook may be heading towards its own blockchain work after executive David Marcus resigned from Coinbase Inc.'s board. Snap was still recovering on Friday from disappointing Wall Street with its daily active user decline in the second quarter.
The big social media companies have become highly valuable by effectively selling access to their fast-growing user bases. Facebook reported its first slip ever in the combined number of daily active users in the U.S. and Europe—markets that drive a majority of the company’s advertising business. Twitter has seen drops before, but this time investors were expecting the company to add 2.5 million to its monthly active user base for the June quarter.
Patients are requesting surgeons for filtered versions of themselves. Researchers are blaming Snapchat and Facetune for the alarming trend #tictocnews (Source: Bloomberg)
Saudi Arabia officials said in January that Prince al-Waleed bin Talal came to an undisclosed settlement with the government after being detained as part of a wave of arrests in that country. An article Wednesday about Snap Inc.
The Dow Jones Industrial Average finished the week down 149.44 points, or 0.6%, Snap ping a five-week winning streak. Shares were flattish, edging up 0.9% Monday as investors interpreted her exit as a possible catalyst for a company restructuring.
Snap Inc. operates as a camera company in the United States and internationally. Snap is one of United States’s large-cap stocks that saw some insider selling over the past threeRead More...