Snapchat (SNAP) possible short play
JMP Securities downgraded the company to market perform from market outperform, citing declining time spent on Snap and increased competition from Reels and YouTube shorts. Trading down over 4% today.
Late last year Snapchat (SNAP) reported a large slowdown, blaming inflation for its slowest revenue growth since going public five years ago.
Technically price has formed a rising channel/flag pattern, looking for a breakout to the downside.
JMP Securities downgraded the company to market perform from market outperform, citing declining time spent on Snap and increased competition from Reels and YouTube shorts. Trading down over 4% today.
Late last year Snapchat (SNAP) reported a large slowdown, blaming inflation for its slowest revenue growth since going public five years ago.
Technically price has formed a rising channel/flag pattern, looking for a breakout to the downside.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.