Snap Stock Plummets Post-Apple

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Snap stock today

The Motley Fool

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Technology

Down 88% From Its All-Time High, Here's 1 Big Reason Snap Stock Can Snap Back in 2025

Summary

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76% Informative

Snap ( NYSE : SNAP) is the parent company of popular social media platform Snapchat.

In September 2021 , its stock hit an all-time high of $ 83 , which represented a whopping 388% gain from its initial public offering ( IPO ) price of $ 17 from a few years earlier .

The company has struggled with the privacy changes implemented by iPhone maker Apple in 2021 , which temporarily muted the effectiveness of its advertising platform.

Snap 's business is showing signs of improvement right now and there's one big reason its stock could bounce back from here.

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now and Snap wasn’t one of them.

But based on its current valuation and the company's operating results over the past year , it might be worth adding it to a diversified portfolio.

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