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.

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