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SNAP Sky Rockets 50% in 1 Day!

Writer's picture: Mohit KumarMohit Kumar

What a dramatic turnaround for our pick SNAP, as it reported a very strong earnings and user growth! It reported a revenue of $286 million in its fourth quarter, a 72% increase from a year earlier, thanks to strong user and advertising growth. The revenue number crushed analysts' estimate of $253 million.  The company now has 187 million daily active users, surpassing analysts' estimates of 184 million!!

This resulted in the stock surging past 50% today! Congratulations!


We remain optimistic about SNAP and will continue to hold our position.


Stay tuned as our next recommendation is coming soon!




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