23.25 -0.07 (-0.30%)
After hours: 6:07PM EST
|Bid||23.27 x 300|
|Ask||23.30 x 100|
|Day's Range||22.86 - 23.50|
|52 Week Range||14.12 - 25.85|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 8, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.16|
Giving credit where it’s due, if nothing else, Snap Inc (NYSE:SNAP) — parent company of Snapchat — has made rivals like Facebook, Inc. (NASDAQ:FB) and Twitter Inc (NYSE:TWTR) better by injecting some new competition to the mix. Calling a spade a spade, though, Snap hasn’t done itself any favors.
Remember when everyone was atwitter over the possible acquisition of Twitter, Inc.(NASDAQ:TWTR)? No, although clearly they are happy that cash flow is now positive, and TWTR stock has $4.25 billion in cash against $1.7 billion in debt.
Reports say Twitter CFO Anthony Noto, who has been with the company since 2014, may take the CEO spot at San Francisco-based online financing company SoFi.
At this point, nearly every investor knows that social media has become a worldwide phenomenon, spurred by the proliferation of mobile devices and internet access. Social media use in the U.S. is set to reach new heights this year, according to a recent report from market research firm eMarketer. The U.S. social media user base is expected to fall just 32 million shy of the entire U.S. adult television audience in 2018, which would account for over 61% of the total U.S. population.
Twitter's Chief Operating Officer Anthony Noto, perhaps the most visible Twitter Inc (NYSE: TWTR ) executive aside from CEO Jack Dorsey, could leave the social media to accept the CEO job at Social Finance ...
I like Square Inc (NYSE:SQ) as a business. SQ stock? Not so much. And, admittedly, that’s been the wrong call so far. SQ stock gained a whopping 147% in 2017, even with a year-end pullback. It’s added another 16% just in the first three weeks of 2018.