Snap falls after Wedbush analyst downgrades stock, says shares are getting too expensive

Snap falls after Wedbush analyst downgrades stock, says shares are getting too expensive

5 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/04/18/snap-shares-fall-after-wedbush-analyst-downgrade.html

Shares of Snap fell more than 3% in the premarket Thursday after an analyst at Wedbush Securities downgraded the social media company amid valuation concerns.

Analyst Michael Pachter cut his Snap rating to neutral from outperform.

Snap falls after Wedbush analyst downgrades stock, says shares are getting too expensive

Apr 18, 2019, 1:17pm UTC
https://www.cnbc.com/2019/04/18/snap-shares-fall-after-wedbush-analyst-downgrade.html > Shares of Snap fell more than 3% in the premarket Thursday after an analyst at Wedbush Securities downgraded the social media company amid valuation concerns. > Analyst Michael Pachter cut his Snap rating to neutral from outperform.