Snap nyse12/20/2023 The company’s mission? To empower people to express themselves in today’s digital world. Snapchat is a camera app that allows users to take pictures and tell stories, the platform also permits ad sales which is an integral part of the revenue and earnings. The company’s main revenue streams are Snapchat, a mobile app for cameras and communications, and Spectacles, a wearable augmented reality device. Today, Snap operates as a camera company internationally. The business went public in 2017 and raised $30 billion on its opening day which is about 10 times the expected amount. Over the years it has been courted by most of the big tech companies including Facebook and Google but has always opted to remain a standalone company. was founded in 2010 and is headquartered in Santa Monica, California. The company was formerly known as Snapchat, Inc. The two remain active in the company today serving on the board and acting as CEO (Speigel) and CTO (Murphy). The original founders, Evan Speigel and Bobby Murphy own a combined 45% of non-dilutable shares with ownership transferable to the other upon death. The company’s headquarters are in Santa Monica, California and it is a very tightly held company. Originally known as Snapchat, the company changed its name to Snap in order to represent its offerings better as it grew over the years. The company was founded in September 2011 by Evan Spiegel and Bobby Murphy. is a social media company operating globally. The Big Banks Join Forces to Save First Republic Bank.Should You Bring The Luck Of The Irish To Your Investmets?.Jabil Inc.: Blue Chip Tech Stock Pulls Back To Buy Zone.Dollar General Offers Great Prices, but the Stock isn't a Value.PacWest Bancorp May Escape a Credit Downgrade After this Happens.Europe Raises Interest Rates, Should the Fed Follow?.Milk the Dividends on These 3 Cash Cows.3 Stocks For A Defensive Tech Portfolio.Don’t Chase FedEx Higher, Wait For The Pullback.This Small Tech With Big Growth Prospects Is Nearing A Buy Point.MarketBeat Week in Review – 3/13 - 3/17.Rocket Lab Stock Could Go to the Moon, Patience Required.Is There a Winner among Dollar Store Stocks?.Range Bound Target Should be on Your Watchlist in 2023.Wendy's, Fast Food Stocks Sizzle in 2023.The Trader's Guide to Equities Research.
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