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As it stated in Snap stock sank 6.8% to close at 22.21 in the stock market today. Snap stock jumped 44% on its first trading day March 2 and gained another 11% the next day before negative analyst reports began pressuring the stock. Facebook stock has gained 22% in 2017, clearing a buy point of 129.36. Disappearing photos have been a core feature of Snapchat, and Facebook in August had added the feature to its Instagram mobile apps. RELATED:Bearish Sentiment On Snap Reverses; Receives Slew Of Buy RatingsComcast Snaps Up Stake In Mobile Messaging App Snapchat
according to Snap (SNAP), parent company of Snapchat, may have more in common with Twitter (TWTR) than you might think, a new report from S&P Global Market Intelligence claims. '"Twitter, for comparison, earned a credit score of "b" and Yelp's credit score was "ccc+" during their respective IPO periods. Facebook, meanwhile, started out with a "bbb+" credit score rating from S&P Global Market Intelligence and dipped briefly before ultimately notching an excellent "a+."View photos Source: S&P Global Market Intelligence MoreHow can Snap improve its credit quality? The result: A suggested credit score of "b," which is more in line with peers like Twitter and Yelp (YELP) during their IPO periods than Facebook (FB). "Snap's credit score denotes elevated credit risk," wrote Jim Elder, a director in S&P Global Market Intelligence's Risk Services Business.
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to read more visit us Facebook
As it stated in Snap stock sank 6.8% to close at 22.21 in the stock market today. Snap stock jumped 44% on its first trading day March 2 and gained another 11% the next day before negative analyst reports began pressuring the stock. Facebook stock has gained 22% in 2017, clearing a buy point of 129.36. Disappearing photos have been a core feature of Snapchat, and Facebook in August had added the feature to its Instagram mobile apps. RELATED:Bearish Sentiment On Snap Reverses; Receives Slew Of Buy RatingsComcast Snaps Up Stake In Mobile Messaging App Snapchat
according to Snap (SNAP), parent company of Snapchat, may have more in common with Twitter (TWTR) than you might think, a new report from S&P Global Market Intelligence claims. '"Twitter, for comparison, earned a credit score of "b" and Yelp's credit score was "ccc+" during their respective IPO periods. Facebook, meanwhile, started out with a "bbb+" credit score rating from S&P Global Market Intelligence and dipped briefly before ultimately notching an excellent "a+."View photos Source: S&P Global Market Intelligence MoreHow can Snap improve its credit quality? The result: A suggested credit score of "b," which is more in line with peers like Twitter and Yelp (YELP) during their IPO periods than Facebook (FB). "Snap's credit score denotes elevated credit risk," wrote Jim Elder, a director in S&P Global Market Intelligence's Risk Services Business.
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Facebook Just Released Its Most Blatant Snap Copy Yet
Big Picture: Facebook's clone of Snapchat now has a big audience, but Snap maintains a certain intimacy that Facebook can't easily copy. The core Facebook app has become the latest of the company's properties to clone Snapchat. After adding a clone of Snapchat's popular "Stories" feature to Instagram, WhatsApp, and Messenger, Facebook finally added the same capability to its core app. Facebook Stories does pose a risk to Snapchat's ability to rapidly grow its user base, since Facebook has more than 1.7 billion people using its main app every month. You may have 500 Instagram followers, including strangers and companies, but only 40 or so Snap contacts, a closer group of friends.to read more visit us Facebook
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