Snap Stock Soaring On News That Not Everyone Has Stopped Using Snap - Dealbreaker

What has no thumbs, a still massive net loss, a competitor that it will never defeat and a still unformed long-term profit model?

This guy:

Snap shares were soaring in after-hours trade Tuesday after the company reported better-than-expected financial results. 

"Soaring?" you ask? Well, yes, because when you lower a limbo stick od expectations low enough, everyone is suddenly limber:

The social media giant reported a net loss of 4 cents per share which was less than consensus estimates of a 8 per share net loss during Q4.

Snap reported revenue of $389.8 million which was better than analysts’ predictions of $377.5 million.

Active users, a key industry metric, remained unchanged from the previous quarter despite competition from rival social companies continuing to heat up. Snap had 186 million daily active users in Q4. Analysts were expecting daily active users to decline by 1.5 million.

And Snap also hasn't murdered anyone, so...that's gotta be accretive.

Hey, maybe we're being too snarky. Maybe this is the inflection point for SNAP. Maybe there is a growth story here that we missed and will shock us all.

Snap’s biggest rival Facebook revealed during its earnings report last week that Instagram Stories now has 500 million daily active users.

Or maybe the algos are making you all fucking insane.

Snap's Q4 wasn't as bad as expected, shares spike [YahooFinance]

Related

Screen Shot 2019-02-05 at 4.41.16 PM

After WeWork's Epic Buttfumble, SEC No Longer Curious How Snap IPO Happened

Jay Clayton's people come to the conclusion that this IPO market might not be technically criminal, but it is certainly very extremely dumb.

SnapchatIPO

Snap Stock Crashes Back To Its Irrationally High IPO Price

Why dally on the road to becoming a $5 stock for day-traders?

EtsySnap

Snap Is The Etsy Of Social Media

We tried to warn you last time, maybe now you'll listen.

SnapchatIPO

Snap CEO Hopes You're Looking Forward To Five Years Of Waiting To Learn If That Snap Stock You Just Bought Is Worth Anything

This is probably why your share purchase agreement came with that complimentary yellow ball gag.

SnapTwitter

After Being Shown A Twitter Stock Chart, Snap Curbs IPO Enthusiasm

"$25 billion?...You're gonna stick with that?" - The Market