Snap user number beats Wall Street estimate, shares soar

Snap user number beats Wall Street estimate, shares soar

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-snap-results/snap-user-number-beats-wall-street-estimate-shares-soar-idUSKCN1PU2E2

Snap Inc said the number of people using its Snapchat app would remain at current levels this quarter, easing worries the company would continue to lose users to rival Facebook Inc's Instagram and sending its shares up more than 20 percent.

Snap user number beats Wall Street estimate, shares soar

Feb 5, 2019, 11:36pm UTC
https://www.reuters.com/article/us-snap-results/snap-user-number-beats-wall-street-estimate-shares-soar-idUSKCN1PU2E2 >Snap Inc said the number of people using its Snapchat app would remain at current levels this quarter, easing worries the company would continue to lose users to rival Facebook Inc's Instagram and sending its shares up more than 20 percent.