Snap Inc. (SNAP)
Snap Inc. operates in the Internet Content & Information industry of the Communication Services sector, headquartered in Santa Monica, CA, US. The stock last traded at $5.76, up 4.25% on the session, giving a market capitalisation of $9.74B. On trailing twelve-month figures it carries a trailing P/E of -31.23, a net margin of -4.9%. Its beta of 1.05 implies it has historically moved more than the broad market.
Snap Inc. is a global technology company focused on cameras, serving users across North America, Europe, and other international regions. Its primary product is Snapchat, a powerful camera application that facilitates visual communication through short videos and images. This app boasts several key features, including its Camera function, Communication tools, Snap Map, Stories, and Spotlight. In addition to its software, Snap Inc. develops Spectacles, smart glasses designed to integrate with Snapchat for capturing media from a first-person perspective. The company also offers a comprehensive suite of advertising products, encompassing augmented reality (AR) ads and various Snap ad formats like single image/video, story, collection, and dynamic ads, as well as commercials. Founded in 2010, the company initially operated as Snapchat, Inc. before adopting the name Snap Inc. in September 2016. Its headquarters are located in Santa Monica, California.
Snap Inc. is most often compared with the following Communication Services names: