Social Media Industry Still Buzzing Following Snap’s IPO: Today’s Research Reports on Twitter and Snap

NEW YORK, NY / ACCESSWIRE / March 28, 2017 / The week that passed was not very kind to social media companies, with Twitter slowly dwindling away in terms of new user registration numbers its income stream is slowly running dry and the recent changes to its user experience is not having the desired effect. Snap on the other hand received 6 buy ratings at the start of business today. Let’s take a closer look at how the two companies performed today.

RDI Initiates
Coverage:

Twitter Inc. https://ub.rdinvesting.com/news/?ticker=TWTR

Snap Inc. https://ub.rdinvesting.com/news/?ticker=SNAP

Twitter started the day strong, with everything green, until midday when the numbers began to go south. By lunch hour, the stocks were trading at $15, 0.07% better off than the previous closing mark. By the end of business at 4:00PM, the price had dropped to 14.99, ending the day in the drop zone.

Twitter can no longer hide its grey hair; according to experts. Attempts to monetize tweeting have backfired, with new users not being able to stick around for long. It runs the risk of becoming just another messaging app, struggling to make money just like its other counterparts in the market.

Access RDI’s Twitter Research Report at: https://ub.rdinvesting.com/news/?ticker=TWTR

Wall Street is in frenzy over Snap’s stocks, with the 13 companies that helped Snap through its March IPO finally being able to legally research and comment on its stock price today. Unsurprisingly most were “buy” ratings, however there were a few “hold” ratings. The early morning saw Snap receive six “buy” ratings from industry analysts, driving the stock price up by 4.75% to close at $23.83

Industry experts, however, are warning against giving too much credit to the social media company, whose business development skills remain unproven. Wall Street, however is on high alert, with the company’s outside investors still not being able to vote, a lagging new-user growth and increasing losses.

Access RDI’s Snap Inc. Research Report at: https://ub.rdinvesting.com/news/?ticker=SNAP

Our Actionable Research on Twitter Inc. (NYSE: TWTR) and Snap Inc. (NYSE: SNAP) can be downloaded free of charge at Research Driven Investing.

Research Driven
Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Hemal K. Gandhi, a CFA® charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com

ReleaseID: 458325