Snap shares pop after RBC says they are at an 'inflection point' and investors should buy them
https://www.cnbc.com/2019/04/08/snap-shares-pop-after-rbc-says-they-are-at-an-inflection-point-and-investors-should-buy-them.html
Investors should buy Snap shares as the social media company's fundamentals should keep improving, according to RBC Capital Markets analyst Mark Mahaney.
"Return to growth in [daily active users] could spark re-acceleration in revenue. When coupled with ongoing gross margin expansion and operating loss reduction, we see the potential for a positive inflection point catalyzing SNAP shares," Mahaney wrote in a note to clients Friday.