October 27, 2020 Sophia Vida
Company News

Snap Shares Soar on Surprise Earnings Beat and Co-founders Net Over $2 Billion

Shares of Snap Inc., the parent company of SnapChat were soaring over 20% in after-hours trading last Tuesday after it reported a surprise earnings beat for the third quarter. It was an unexpected, adjusted profit along with positive user and revenue growth that had Wall Street cheering. The company’s net loss for the quarter dropped … Continue reading “Snap Shares Soar on Surprise Earnings Beat and Co-founders Net Over $2 Billion”