Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Snap Inc    SNAP

SNAP INC

(SNAP)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Kaskela Law LLC : Announces Important Deadline in Class Action Lawsuit Against Snap, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm – SNAP

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/11/2019 | 05:30pm EDT

Kaskela Law LLC announces that a class action lawsuit has been filed against Snap, Inc. (“Snap” or the “Company”) (NYSE: SNAP) on behalf of investors who purchased or acquired the Company’s common stock on or between March 2, 2017 and May 15, 2017 (the “Class Period”).

To learn how to participate in this action please visit http://kaskelalaw.com/case/snap-inc/.

Investors who purchased the Company’s common stock during the Class Period and suffered a financial loss in excess of $100,000 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740 for additional information about this action and to discuss their legal rights and options.

The class action complaint alleges that Snap and certain other defendants made materially false and misleading statements to investors about the Company’s business, operations, and reported user growth.

On May 10, 2017, Snap issued its first quarterly financial and operational report as a public company, and therein disclosed disappointing user growth at the Company’s Snapchat messaging platform to investors. Following this news, shares of Snap’s common stock fell $4.93 per share, or nearly 21.5% in value, to close on May 11, 2017 at $18.05.

Subsequently, on May 16, 2017, Bloomberg reported that a former Snap employee, Anthony Pompliano, had filed a lawsuit against Snap, “claim[ing] he was fired after three weeks on the job for raising questions about allegedly false growth metrics [and] seeking whistleblower protection against retaliation by [the] company.”

IMPORTANT DEADLINE: Investors who purchased Snap’s common stock during the Class Period may, no later than January 31, 2019, seek to be appointed as a lead plaintiff representative of the class.

Investors who purchased the Company’s common stock during the Class Period and suffered a financial loss in excess of $100,000 are encouraged to contact Kaskela Law LLC to receive additional information about this action and to discuss their legal rights and options. Kaskela Law LLC exclusively represents investors in state and federal actions throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.


© Business Wire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SNAP INC
01:01pSNAP : Baidu and Snap Inc. Renew Sales Partnership to Reach Outbound Chinese Adv..
BU
07/12MARKET SNAPSHOT: S&P 500, Dow, Nasdaq Close At Record Levels Again As Bulls B..
DJ
07/02SNAP INC. : Announces Date of Second Quarter 2019 Results Conference Call
BU
06/28SNAP INC : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
06/26SNAP : Love is central to friendship in India, says report
AQ
06/25SNAP INC. : Celebrates Friendship with Global Study Exploring How Culture, Age, ..
BU
06/21SNAP : Thinking about trading options or stock in Canopy Growth, Crocs, CarMax, ..
PR
06/18MARKET SNAPSHOT: S&P 500 Ends Within 1% Of Record Ahead Of Pivotal Fed Meetin..
DJ
06/18World electronic gaming revenues to grow 9.6% to $152.1 billion in 2019 - rep..
RE
06/12ZYNGA : Launches Tiny Royale™ Exclusively on Snap Games
AQ
More news
Financials (USD)
Sales 2019 1 598 M
EBIT 2019 -1 103 M
Net income 2019 -1 068 M
Finance 2019 939 M
Yield 2019 -
P/E ratio 2019 -20,0x
P/E ratio 2020 -26,5x
EV / Sales2019 12,5x
EV / Sales2020 9,64x
Capitalization 20 991 M
Chart SNAP INC
Duration : Period :
Snap Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SNAP INC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 38
Average target price 13,1  $
Last Close Price 15,5  $
Spread / Highest target 29,0%
Spread / Average Target -15,6%
Spread / Lowest Target -48,4%
EPS Revisions
Managers
NameTitle
Evan Thomas Spiegel Chief Executive Officer & Director
Michael M. Lynton Chairman
Lara Sweet Chief Financial & Accounting Officer
Robert C. Murphy Director & Chief Technology Officer
Steven Michael Horowitz Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
SNAP INC183.30%21 085
SEA LTD (ADR)210.69%16 019
MOMO INC (ADR)45.01%7 108
ANGI HOMESERVICES INC-14.00%6 985
GRUBHUB INC-1.24%6 747
DENA CO LTD23.63%2 945