Why the Market Dipped But Snap (SNAP) Gained Today

Zacks12-20

Snap (SNAP) closed at $11.30 in the latest trading session, marking a +0.71% move from the prior day. This change outpaced the S&P 500's 0.09% loss on the day. Meanwhile, the Dow experienced a rise of...

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This change outpaced the S&P 500's 0.09% loss on the day. Meanwhile, the Dow experienced a rise of...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-market-dipped-snap-snap-230020427.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4554","symbol_name":"元宇宙及AR概念","start_time":0,"source_url":"https://finance.yahoo.com/news/why-market-dipped-snap-snap-230020427.html","article_id":"2492310234","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/9tpS8u8rAmiEoUItmUZeOA--~B/aD02MDE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/090f58c1efbe3555b861102525e50b39"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492310234","pubTimestamp":1734649220,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Snap  closed at $11.30 in the latest trading session, marking a +0.71% move from the prior day. This change outpaced the S&P 500's 0.09% loss on the day. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.1%.Heading into today, shares of the company behind Snapchat had gained 5.95% over the past month, outpacing the Computer and Technology sector's gain of 3.04% and the S&P 500's loss of 0.29% in that time.The investment community will be closely monitoring the performance of Snap in its forthcoming earnings report. On that day, Snap is projected to report earnings of $0.14 per share, which would represent year-over-year growth of 75%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.55 billion, up 13.99% from the year-ago period.Any recent changes to analyst estimates for Snap should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business tre","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4554":"元宇宙及AR概念","SNAP":"Snap Inc","BK4551":"寇图资本持仓","BK4508":"社交媒体","BK4077":"互动媒体与服务","BK4576":"AR"},"translate_title":"为什么今天市场下跌但SNAP（SNAP）上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNAP":0.9},"content_text":"Snap (SNAP) closed at $11.30 in the latest trading session, marking a +0.71% move from the prior day. This change outpaced the S&P 500's 0.09% loss on the day. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.1%.\nHeading into today, shares of the company behind Snapchat had gained 5.95% over the past month, outpacing the Computer and Technology sector's gain of 3.04% and the S&P 500's loss of 0.29% in that time.\nThe investment community will be closely monitoring the performance of Snap in its forthcoming earnings report. On that day, Snap is projected to report earnings of $0.14 per share, which would represent year-over-year growth of 75%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.55 billion, up 13.99% from the year-ago period.\nFor the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.25 per share and a revenue of $5.36 billion, representing changes of +177.78% and +16.28%, respectively, from the prior year.\nAny recent changes to analyst estimates for Snap should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.\nOur research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.\nThe Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.32% upward. Snap currently has a Zacks Rank of #2 (Buy).\nLooking at valuation, Snap is presently trading at a Forward P/E ratio of 44.68. This signifies a premium in comparison to the average Forward P/E of 32.61 for its industry.\nThe Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 31, putting it in the top 13% of all 250+ industries.\nThe Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.\nBe sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nSnap Inc. (SNAP) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492310234"}