Snap, the maker of Snapchat, is expected to report its first-quarter earnings after bell on Tuesday. Investors will be looking for signs that last quarter's user growth was no fluke.Last quarter, Snap delivered a pleasant surprise to investors when it showed renewed growth after its user based had begun to shrink in 2018. Now, investors will be looking for signs that last quarter was no fluke.
Snap's share price is up more than 100% year-to-date after a fast start in 2019. Besides re-surging user growth, Snap has announced a new gaming platform, new original shows, an ad network and more augmented reality features. Snap competitor Twitter had a strong earnings report earlier in the day on Tuesday, with better-than-expected earnings and user growth sending the stock up more than 15%.WATCH: Facebook, Snapchat and TikTok have a massive underage user problem — here's why it matters
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: CNBC - 🏆 12. / 72 Läs mer »