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There may be hope for Snapchat yet.
Investors are reacting positively to my last issue of Command Line, which broke the details of Snap’s internal business goals for next year.
The company’s stock price is up more than 11 percent today thanks to Snap’s “stretch” goal of reaching at least 475 million daily active users next year:
Bernstein analyst Mark Schilsky told Reuters that expectations from the stock are “incredibly low”, but he added, “even I have to admit that the stock would likely be materially higher if they hit this goal.”
What happens to Snap?
Alex Heath
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