Shares of Snap were up as high as 5% on Tuesday after it announced that is in position to drive multiple years of revenue growth of more than 50%.
Shares moved from around $58.50, which was about 7% below Monday's close, to a peak of $67.68, up nearly 7%, on the comments. They're now hovering around $65.50, up about 3% on a mostly down day for tech stocks. Sellis explained how the company has been building out its Ads Manager self-serve ad tool since its launch in 2017. The company has expanded the tools ability to target users and allow advertisers to place different types of bidding outcomes .
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How’s that possible? No one I know still uses Snap. 🤔