Fool.com contributor Parkev Tatevosian answers if the fall in Snap's (SNAP +2.30%) 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.
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
$13B
Today's Change
(2.30%) $0.17
Current Price
$7.78
Price as of October 31, 2025 at 3:58 PM ET
Snap reported quarterly increases in revenue, daily active users, and average revenue per user.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.