Stock took a 20% hit after hours. - Q2 revenue declined 4% not good for a growth stock. - Lowered forward guidance to $1.07B in Q3 revenue, below analysts expectations Snap stock is down 84% since its 2021 peak. The hit to TC of someone who joined in summer 2021 is heartbreaking. Stay strong my friends. On a separate note, a SNAP offer today is quite attractive. How much more can this horse be flogged before it gallops?
Itâs not THAT low. It was $8 just 3 months ago.
This has been happening for the last few earnings for them
But it has also gone up since the last few earnings. So it's not like it's just been progressively declining
They gave make up grants
They were NOT enough to cover those who joined at ATH and I was one of them
Evan Spiegel couldâve sold to zuck and be a billionaire coasting right now but some how he thought he was HIM. SAD
He got Kerr.. So who is the winner now? No disrespect to Zuck's wife. She is beautiful in her own way.
Intel knows whatâs up.
Still a long way down. Maybe Jeff will get Elon envy and step in.
Still impressed they have over 1b in revenue!
It's not hard to have $1B in revenue when you spend $1.2B...
Ooof
I joined during summer of 2021. Left this shit show and now at peace.
đ€Ą My equity bonus for working hard and getting an âexceedsâ rating is already underwater lol
Sorry friend but when you are down this much the only way is up!
Nah, will go down another 50%