Why Snap Stock Popped on Wednesday
Social media company (NYSE: SNAP) proved to be a popular stock on Wednesday, as news about a peer made its equity look attractive. Snap closed the day more than 3% higher in price, comparing very favorably to the slight decline of the benchmark S 500 index.
Towards the end of Tuesday's trading session, President Trump issued the latest in a series of executive orders concerning TikTok, the controversial short-form video app from Chinese developer ByteDance.
Image source: Getty Images.
Source Fool.com
Snap Inc Stock
€6.81
0.320%
Our community is currently high on Snap Inc with 10 Buy predictions and 3 Sell predictions.
As a result the target price of 11 € shows a very positive potential of 61.48% compared to the current price of 6.81 € for Snap Inc.
