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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

Snap (SNAP) Surges 7.13% on Bullish Analyst Rating

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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79% Informative

Edgewater Research said other market analysts’ consensus forecast for Snap Inc.’s ( NYSE :SNAP) second quarter earnings might be “overly conservative,” suggesting huge potential for an earnings beat.

Analyst consensus was pegged at $ 0.01 per share, markedly down from the $ 008 booked in the first quarter of the year .

In recent news, Snap acquired calendar app Saturn to heighten its influence among young adults.

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