The stock is down 58% since its IPO.
In this video, I will talk about Snap (SNAP -2.72%), which saw its stock crash over 70% in 2022. The company's growth is decelerating while expenses have increased, and in an environment where ad spending is low, things could get worse for Snap before they get better.
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*Stock prices used were from the trading day of Jan. 18, 2023. The video was published on Jan. 19, 2023.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil 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.
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