Published 11 days ago

Snapchat parent company sees shares surge as improved ad system pays off

Summary by The Guardian

Snap’s share surged 21% in after-hours trading as app’s users increased by 422 million, bringing in $1.2bn in revenueShares in the owner of Snapchat surged 21% during after-hours trading after the social media group beat Wall Street’s expectations for quarterly revenue and user growth.Improvements to Snap’s advertising system are delivering results faster than anticipated, the company said. Continue reading...

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The Guardian

Snapchat parent company sees shares surge as improved ad system pays off

11 days ago·London, United Kingdom

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CTN News l Chiang Rai Times

Shares Of Snapchat's Parent Company Rise As Its Advertising System Improves

(CTN News) – In after-hours trading, shares in Snapchat Inc. surged 21% after the social media company exceeded Wall Street’s expectations for its third quarter revenue and user growth. This led to the company’s shares rising 21%. Snapchat reported last week that its advertising system had undergone improvements that result in faster results. In the […] The post Shares Of Snapchat’s Parent Company Rise As Its Advertising System Improves appeared…

11 days ago

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