Wednesday, October 17, 2018 12:18:19 AM
First, recently the Chief Strategy Officer and VP of Marketing have announced they will be stepping down this fall. I never think it’s a good sign when folks at these positions are stepping down prior to earnings. It tells me that the marketing and company strategy haven’t been working and underperformance will be placed on those on their way out. This happened earlier in the year when 120 engineers were laid off after the redesign.
Second, I anticipate added losses due to another (foolish) Spectacles launch. $200 camera/AR glasses that no one is buying. All this talk about Gen Z loving Snap but how often do you see them wearing the glasses? Not a good indicator of growth and adoption if you ask me.
Long term Snap could grow...but I’m here for the short money.
Recent SNAP News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 11:00:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 11:00:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 11:00:03 PM
- Meta Strengthens Child Privacy on Instagram; Google Overturns $1.7 Billion Antitrust Fine; Snap Updates Spectacles • IH Market News • 09/18/2024 10:13:07 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/16/2024 09:26:05 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/16/2024 09:24:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/16/2024 09:21:15 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 11:00:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2024 08:16:31 PM
- Jim Lanzone Joins Snap Inc. Board of Directors • Business Wire • 09/13/2024 08:10:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/11/2024 11:00:06 PM
- Broadcom Down 10% Post-Earnings, UiPath Up 8%; Qualcomm Eyes Intel Assets; Salesforce Acquires Own Company • IH Market News • 09/06/2024 11:59:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 11:59:35 PM
- Nvidia Subpoenaed by DOJ, Athira Pharma Shares Plunge 71% After Study Fails, Zscaler Falls 15% Post-Earnings • IH Market News • 09/04/2024 09:50:25 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/30/2024 08:22:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 11:00:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 11:00:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 11:00:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 11:00:02 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 09:07:30 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 09:06:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 09:05:39 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 09:04:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 01:00:04 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 01:00:03 AM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM