Above: After hours trading August 10, 2017, $SNAP falls 16% to $11.55
NYU Stern Professor Scott Galloway: "Investing In Snapchat Is Like Driving Drunk"
Video above published Jul 11, 2017, by CNBC.com--"The most overvalued company in the world right now"--NYU Stern Professor Scott Galloway gives his views on Snap's stock as it tumbles below its IPO price of $17 a share.
Snap Inc.
- Stock exchange: symbol | NYSE: SNAP (IPO date March 2, 2017)
- Principal domains: snap.com, snapchat.com, spectacles.com
- Snap's subsidiaries.
Snap Inc. Q2 2017 Earnings Press Release (pdf) excerpt below:
Earnings Slides (pdf) embed below:
“Junk Equity” Comes to Haunt $30-billion Startup | WolfStreet.com Jul 26, 2017: "Snap Inc., the parent of Snapchat, was dealt another blow today. FTSE Russell, which owns numerous indices for stock markets around the world, including the US Russell 3000, 2000, and 1000 indices, said today that it would exclude Snap from its indices because of Snap’s share structure that denies public investors the right to vote."
Snap Inc. is a U.S.-based technology and social media company, founded on September 16, 2011, by Evan Spiegel (CEO) and Bobby Murphy and headquartered in Venice, Los Angeles. It has four principal products: Snapchat, Spectacles, Bitmoji, and Zenly. Number of employees: 1,859 (2017). More info at NYSE:SNAP: Snap Inc. | google.com/finance.
Company Profile (source: Snap Inc.):
“Junk Equity” Comes to Haunt $30-billion Startup | WolfStreet.com Jul 26, 2017: "Snap Inc., the parent of Snapchat, was dealt another blow today. FTSE Russell, which owns numerous indices for stock markets around the world, including the US Russell 3000, 2000, and 1000 indices, said today that it would exclude Snap from its indices because of Snap’s share structure that denies public investors the right to vote."
Snap Inc. is a U.S.-based technology and social media company, founded on September 16, 2011, by Evan Spiegel (CEO) and Bobby Murphy and headquartered in Venice, Los Angeles. It has four principal products: Snapchat, Spectacles, Bitmoji, and Zenly. Number of employees: 1,859 (2017). More info at NYSE:SNAP: Snap Inc. | google.com/finance.
Company Profile (source: Snap Inc.):
- Snap Inc. is a camera company.
- We believe that reinventing the camera represents our greatest opportunity to improve the way people live and communicate.
- Our products empower people to express themselves, live in the moment, learn about the world, and have fun together.