Snap's suffocating coverage on Wall Street may be stifling growth plan
https://www.cnbc.com/2017/08/10/overanalyze-snap.html
Snapchat's parent reports earnings Thursday afternoon, and for all the investor hype and media attention surrounding it, it's important to note one thing: Snap is one of the most extremely over-analyzed stocks relative to its overall value.
In fact, the social media company has more analysts covering it than it has billions of dollars in market cap. Not many major companies can make that claim. And the ones that do are often very problematic.
Snap's suffocating coverage on Wall Street may be stifling growth plan
Aug 11, 2017, 2:11am UTC
https://www.cnbc.com/2017/08/10/overanalyze-snap.html
>Snapchat's parent reports earnings Thursday afternoon, and for all the investor hype and media attention surrounding it, it's important to note one thing: Snap is one of the most extremely over-analyzed stocks relative to its overall value.
>In fact, the social media company has more analysts covering it than it has billions of dollars in market cap. Not many major companies can make that claim. And the ones that do are often very problematic.