2 Months Ago
2 Min Read

Off goes SNAP. The stock popped today. Here's what's moving the stock:

+3.51% 24h

Snap Inc (SNAP) is trading 6% higher at $10.805 today.

Snap Inc has been trading between a 52-week high of $83.34 and a 52-week low of $9.34. The stock has a market cap of $16.1 Billion.

Snap Inc. is a camera company. Snap believes that reinventing the camera represents its greatest opportunity to improve the way people live and communicate.


Snapchat launches Snapchat+ in India at ₹49 per month
The Hindu BusinessLine 08-10-22

Snap brings Snapchat+ to India for just ₹49 per month
The Tech Portal 08-10-22

Snapchat''s new features will let parents see who their kids are talking to
CBS News 08-10-22

Snap launches Snapchat+ in India for ~$0.62 per month, offering exclusive, experimental, and pre-release features; the service costs $3.99/month in the US (Vikas SN/Moneycontrol)
Techmeme 08-10-22

Snapchat’s new Family Centre feature will let parents monitor who their teens are talking to
The Financial Express 08-10-22

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

SnooDoughnuts1763 - 34 upvotes - source
If you think marines would A. have the ability to organize crayons this well or B. not eat all the crayons before someone could snap a picture, you don't know marines...

bearhunter429 - 12 upvotes - source
MSFT misses. Markets yawn. AAPL misses. Markets yawn. AMZN misses. Markets yawn. GOOG misses. Markets yawn. SNAP misses. Markets DUMP. MU misses. Markets DIE.

bearhunter429 - 9 upvotes - source
When Apple, Google, Microsoft miss no one gives a damn but when shitty companies like Snap or MU miss, the whole market crashes and burns.

bearhunter429 - 9 upvotes - source
Microsoft misses: market pumps Amazon misses: market pumps Apple misses: market pumps Google misses: market pumps SNAP and MU miss: CRASH EVERYTHING

qwert1225 - 9 upvotes - source
Snap, coin and TSLA are going to die tomorrow despite CPI decrease or not

bearhunter429 - 8 upvotes - source
It's funny how shit stocks like SNAP, MU and RBLX have more influence on the market than AAPL, MSFT and GOOG.

RagsToRaja - 8 upvotes - source
I was on a 2 month no fap streak and this girl sent me a Snap of her mommy milkers. ![img](emote|t5_2th52|4271) Lord forgive me for I have created a tidal wave even Moses couldn’t breakthrough.

DrSeuss1020 - 7 upvotes - source
How the fuck coin going to have a 20% implied move on their earnings and then go ahead and move 5%. Meanwhile SNAP gets fuckin cut in half every quarter. Isn’t coin losing like billions of dollars? My $200 in puts demand answers

dramarehab - 4 upvotes - source
The Chosen Ticker, SNAP, announced that it’s planning to layoff staff. Entire market gonna dump now ![img](emote|t5_2th52|4271)

sat5ui_no_hadou - 3 upvotes - source
Snap back to reality