Snap Shares Surged 60% In A Nutty Day For Stocks On Revenue, User Growth And Relief It’s Not Facebook – Update

UPDATED with share price, quarterly stats: Shares of Snapchat parent Snap soared 60% on fourth-quarter gains in revenue and daily active users and a chorus of relief across Wall Street that it’s not Facebook. Why? Shares of Facebook parent Meta went the opposite direction, falling 25% and shedding … Read entire story.

Source: Deadline