Emerging Tech Investments

Emerging Tech Investments

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Emerging Tech Investments
Emerging Tech Investments
Snap to Return to Quasi Penny Stock Unprofitable Purgatory

Snap to Return to Quasi Penny Stock Unprofitable Purgatory

The little camera company that couldn't.

Michael Spencer's avatar
Michael Spencer
Feb 07, 2024
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Emerging Tech Investments
Emerging Tech Investments
Snap to Return to Quasi Penny Stock Unprofitable Purgatory
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Hey Everyone,

This will just be a short post about SNAP 0.00%↑ Snap’s Earnings and the significant plunge it will take today from a price of $17.45 or a $21.714 Billion valuation. Snap grew up at a time when Facebook was so dominant, it was hard for it to grow inspite of being one of the main pillars of how young people grew up communicating.

There was a bad omen …

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