Why Is Snap Stock Crashing, and Is It a Buying Opportunity?

By Parkev Tatevosian, CFA – Aug 5, 2024 at 9:02AM

NYSE: SNAP

Snap

Market Cap

$14B

Today's Change

(1.87%) $0.15

Current Price

$8.44

Price as of May 22, 2025, 3:58 p.m. ET

Snap reported quarterly increases in revenue, daily active users, and average revenue per user.

Fool.com contributor Parkev Tatevosian answers if the fall in Snap's (SNAP 1.87%) share price is a buying opportunity for long-term investors.

*Stock prices used were the afternoon prices of Aug. 1, 2024. The video was published on Aug. 3, 2024.

Parkev Tatevosian, CFA 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.

Parkev Tatevosian 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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