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Did Snapchat Break the Market?

About a month after reporting earnings, Snapchat is warning it might not meet guidance.

By Jose Najarro – May 25, 2022 at 7:00AM EST

Today's video focuses on Snap (SNAP 2.63%) and how it recently informed investors that it might report revenue below the low end of its Q2 2022 guidance range. Jose Najarro also discusses how this triggered a sell-off in other ad-tech companies. Meta Platforms (FB +0.22%), Roku (ROKU +2.66%), and The Trade Desk (TTD 2.57%) are trading much lower today. Even though the market looks dark (or red), there might be some good news for long-term investors.



*Stock prices used were the market prices of May 24, 2022. The video was published on May 24, 2022.

Read Next

About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Meta Platforms, Inc., Roku, and Snap Inc. The Motley Fool has positions in and recommends Meta Platforms, Inc., Roku, and The Trade Desk. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Snap Stock Quote
Snap
NYSE: SNAP
$4.80
(-3.03%)-$0.15
Meta Platforms Stock Quote
Meta Platforms
NASDAQ: META
$629.75
(+0.22%)+$1.36
The Trade Desk Stock Quote
The Trade Desk
NASDAQ: TTD
$20.08
(-2.57%)-$0.53
Roku Stock Quote
Roku
NASDAQ: ROKU
$102.47
(+2.43%)+$2.43

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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