FB Stock & SNAP Stock | Is This The Time To Buy ?

2 years ago
4

Facebook Stock Drop In Price. Also We Talk About Snap Chat Stock and The Major Drop In Price We Seen In Todays After Market. After the market closed with strong gains Monday, Spiegel spoke at a JP Morgan technology conference, and the company stated in a regulatory filing that its second-quarter earnings would come in below its prior estimates. At the conference, Spiegel said the economy has ”definitely deteriorated further and faster” than Snap SNAP, -3.40% had expected when it gave its forecast during its earnings call last month. He added that the Snapchat parent is slowing its hiring pace for the year and looking for ways to cut costs.
#snapstock #fbstock #stockmarkettoday
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