Snap Inc Q3 2017
Increasing Costs Overshadow Progress

Snap’s public performance has been turbulent and its stock price has been on a downward trajectory during its debut year under the forensic scrutiny of Wall Street. Share prices fell from $17 during the March IPO, to $12.65 in Q3 2017. This has placed pressure on the management team to adopt a new strategy to, reassure the increasingly sceptical financial markets.