Snap Stock

SNAP Stock: Testing a Very Important Level of Price Support This is really a tumultuous market characterized by extreme levels of volatility as the market tries to come to grips with the notion of higher interest rates and the prospects of a trade war. These wild swings are difficult…

SNAP Stock: Testing a Very Important Level of Price Support A lot of pundits and analysts are coming out of the woodwork and claiming that the recent swoon in the market is a sign that the “easy money" as they call it, which defined the price action since Donald…

SNAP Stock: The Path Is Now Geared Toward Higher Stock Prices In a sea of red, when the market is inundated with selling pressure, it is always nice to see stocks that are bucking the trend and making substantial moves toward higher prices. I can tell you that in this…

SNAP Stock: Potential for a Bullish Trend I have the inclination to believe that the door has swung wide open, and an opportunity for a bull market in Snap Inc (NYSE:SNAP) stock is now upon us. This is no way a typo, and, given the stock’s prior performance,…

SNAP Stock: This Significant Level of Resistance Will Be Tested This might be a hard statement to believe, given Snap Inc (NYSE:SNAP) stock's performance since inception, but, from my perspective, Snapchat stock is actually looking up by making bullish headway. This is a follow-up to my August 22 publication, "Did Snapchat Stock Just…

SNAP Stock: Setting the Stage to Rally On August 10, the same day that Snap Inc (NYSE:SNAP) was expected to announce earnings, I released a report that outlined certain developments that were occurring on the SNAP stock chart. These developments were suggesting that a bottom in the company's stock price…

SNAP Stock: Bottoming Pattern in Development Snap Inc (NYSE:SNAP) has been an awful investment since day three. The first two days of trading were positive, so let's at least give Snapchat stock that much. What followed was a series of disappointments that caused SNAP stock price to fall by…

SNAP Stock Price  Leading up to the SNAP initial public offering (IPO), Snap Inc (NYSE:SNAP) was the focus of equal parts naysayers and backers. Many (including us here at Profit Confidential) puzzled over whether the Snap stock price would follow a path similar to Facebook Inc (NASDAQ:FB) or Twitter Inc (NYSE:TWTR). With the recent Morgan Stanley (NYSE:MS)…

Snap Stock Isn’t Really a Threat to FB Stock For more than two years, people have been telling me that Snap Inc (NYSE:SNAP) will topple the king of social media, Facebook Inc (NASDAQ:FB). During the Snapchat IPO, I wrote that this was ridiculous. Now that the Snap earnings are out, I…

Snap Stock in 2017 There is no shortage of questions when it comes to Snap Inc (NYSE:SNAP). The company famous for its social media app, "Snapchat," has been stuck in a whirlwind run since its initial public offering (IPO) in March. The trajectory of Snap has begun to draw comparisons…

Snap Stock Gains from the Launch of New Feature Snap Inc (NYSE:SNAP) has had enough of Facebook Inc (NASDAQ:FB) building its clones over and over again. Following last week’s introduction by Facebook of new "Snapchat" features across its apps, Facebook stock had gained and Snap stock had gotten…

Instagram vs Snapchat: The Stage Is Set! The Fight Is On! They say a picture is worth a thousand words. I say, it’s worth at least a billion dollars! If you don't believe me, just take a look at the valuations of "Instagram" (owned by Facebook Inc (NASDAQ:FB)) and…

Snap Stock Challenges Rise After the Quiet Period Snap Inc (NYSE:SNAP) has hit the headlines again and, this time, not for positive reasons. Facebook Inc (NASDAQ:FB) introduced new "Snapchat"-like features to the "Facebook" app and Snap stock plunged by 6.8% to close at $22.21 on Tuesday. This is…

Who Got Rich from the Snap IPO in 2017? The first big tech initial public offering (IPO) domino in 2017 has fallen: Snap Inc (NYSE:SNAP) is public. The Snap IPO in 2017 was one of the most anticipated events of the year, and it could very well be the largest tech…

Is SNAP Stock Overvalued? Snap Inc (NYSE:SNAP) had quite the wild ride when it first opened to the public. The SNAP IPO price per share was pegged to open at $17.00, but quickly shot up by 41.2% when shares began trading. Glowing after a solid first day on the open…

Snap Stock Forecast  Snap Inc (NYSE:SNAP), long seen as the first big initial public offering (IPO) domino to drop in 2017, is now public. The SNAP stock price opened at $17.00, but quickly rose by 41.2% at the open, closing on its first day above $24.00 per share. So…

Should You Buy Snap Stock? Shares of Facebook Inc (NASDAQ:FB) have more than tripled since the company held its initial public offering (IPO) in 2012. An explosion in profits, not to mention a corresponding rise in Facebook user growth, kept the stock on an upward track. But now, Facebook…