does it have any upside potential in the short and medium term, like 3 to 6 months? looking to invest in snap stock. Are youngsters ditching snap and moving to other platforms?
Doubtful it’s loosing share amongst core demo to tiktok real quick
Idk about the stock price, but the user base is definitely not going anywhere. The app brings a completely different use case from tiktok/insta. It’s more personal and used mainly for chatting and sharing with friends not really exploring. So I don’t see it going away anytime soon.
I don't think there's any upside beyond the $26-28 range as of now. Downside remains the low of $6 from last year.