Snap

Snap's stock closed up 14.43% on March 31 after activist investor Irenic outlined steps to boost its value 7x, like cutting staff by 21% and shutting down Specs

Snap shares climbed 14% on Tuesday after activist investor Irenic suggested changes to boost the stock's value 7x, such as cutting staff by 21% and ending Specs

Shares of Snap climbed 14% Tuesday after shareholder Irenic Capital Management sent a letter to CEO Evan Spiegel outlining changes …

Snap says its direct revenue business has hit a $1B annualized revenue run rate, driven primarily by Snapchat+ surpassing 25M subscribers since its 2022 launch

Snap's direct revenue business has reached a $1 billion annualized revenue run rate, the company announced on Wednesday.

Snap reports Q4 revenue up 10% YoY to $1.72B, vs. $1.7B est., DAUs up 5% to 474M, vs. 478M est., forecasts Q1 revenue below est., and announces a $500M buyback

Snap shares were up over 5 percent in after-hours trading on Wednesday after the Snapchat-parent released fourth-quarter earnings that beat on sales.

Snap reports Q4 revenue up 10% YoY to $1.72B, vs. $1.7B est., DAUs up 5% to 474M, vs. 478M est., and announces a $500M share buyback; SNAP jumps 5%+ after hours

Meta, Alphabet, and Snap beat analysts' estimates in their Q1 results, showing acceleration in advertising growth after struggling to rebound from a dismal 2022

Snap's stock closes up 11.98% after a report that the company's internal “stretch” goal was to pass 475M DAUs in 2024, above Wall Street's expectations of ~447M

Snap expands its revenue share program to accept creators with 50K+ followers and 25M+ monthly views, and says its TikTok rival Spotlight has 350M monthly users

Snap says Snapchat now has 750M+ MAUs, up 25% from April 2022, 150M of which are in North America, Snapchat+ for $3.99/month has 2.5M subscribers, and more

Snap adds Snapchat creator monetization programs, including Spotlight Challenges, which pays $25K+ to creators using specific AR lenses, sounds, or topics