Snap Inc (SNAP.US)
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Founded in 2010, Snap Inc. is a self-stated "camera company." Snap's core business is digital communication technology led by the Snapchat messaging application. As of 2020, Snapchat boasted 314.6 million global users[1], making it a popular destination for online advertisers. Snap also manufactures hardware, such as the Spectacles lineup of camera products.
Headquartered in Santa Monica, CA, shares of SNAP are listed for trade on the NYSE. As of March 2021, SNAP held a market capitalisation of US$86.6 billion and a forward price-to-earnings (P/E) ratio of 389.62.[2] Its high P/E, uptrend in ad revenue and 2020's robust share appreciation, have garnered SNAP classification as a growth-oriented stock.
| Retrieved 07 Mar 2021 https://www.businessofapps.com/data/snapchat-statistics/ | |
| Retrieved 07 Mar 2021 https://www.reuters.com/markets/companies/SNAP.N |
| Retrieved 07 Mar 2021 https://www.businessofapps.com/data/snapchat-statistics/ | |
| Retrieved 07 Mar 2021 https://www.reuters.com/markets/companies/SNAP.N |
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