Snap is a $13B technology company that almost every teenager uses its app to connect with friends. It has successfully engaged and satisfied its users but not so much its investors. Its stock is down more than 50% since its IPO in 2017. Many attribute Snap's fall to TikTok's fierce competition in recent years. Is that reason justified, or is the 50% drop in the stock price a buying opportunity?
Resources:
🔬 Research SNAP on Stock Card: https://stockcard.io/SNAP
🔬 Research META on Stock Card: https://stockcard.io/META
📺 Watch the beaten-down fundamental analysis series: https://bit.ly/40QjUQD
📺 Snap's 2019 fundamental analysis: https://youtu.be/klg0VA-H34g
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