They haven't ever made a penny in profit. SNAP and Uber are pretty much the worst suicide stocks I've seen. These two + Twitter should have negative valuations IMO. Anybody who see these as an investment beyond quick trades is a mentally incapable schizophrenic dreamer.
It is very likely that FB+Instagram will make SNAP run out of business in few years.
Twitter and Snapchat are pretty much the worst performing popular social media.
https://www.marketwatch.com/investing/stock/twtr/financials
https://www.marketwatch.com/investing/stock/snap/financials
They haven't ever made a penny in profit. SNAP and Uber are pretty much the worst suicide stocks I've seen. These two + Twitter should have negative valuations IMO. Anybody who see these as an investment beyond quick trades is a mentally incapable schizophrenic dreamer.
It is very likely that FB+Instagram will make SNAP run out of business in few years.