Where Will Snap Be in 5 Years?

Where Will Snap Be in 5 Years?
·5 min read

When Snap (NYSE: SNAP) went public in early 2017, many critics claimed it would struggle to justify its high valuation, narrow its losses, and fend off Facebook's (NASDAQ: FB) Instagram. Snapchat's daily active user (DAU) growth stalled out in 2018 as Instagram cloned its features. Snap's stock slid below its IPO price of $17 in late 2017 and plunged to about $5 in 2018.

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