![]() The Summary Quoteboard displays snapshot quote data. If you require comprehensive real-time bids/asks/quotes, we offer a no-risk trial to one of our real-time products. As a result, the real-time prices displayed may have minor discrepancies when comparing the information with other sites offering real-time data, or with brokerage firms. Note: The Cboe BZX Exchange currently accounts for approximately 11-12% of all U.S. Real-time prices are available during market hours (9:30 AM to 4:00 PM EST). If the symbol has pre-market or post-market trades, that information will also be reflected along with the last (closing) price from the symbol's exchange. Volume always reflects consolidated markets. During market hours, the real-time Cboe BZX price displays and new trade updates are updated on the page (as indicated by a "flash"). ![]() Real-time prices are provided by Cboe BZX Exchange on individual U.S. In Thursday's release, Snap said that its Snapchat+ subscription service "reached over 1.5 million paying subscribers in Q3 and is now offered in over 170 countries." Snap debuted the subscription service in June as a way for users to access exclusive and pre-release features for $3.99 a month.The Quote Overview page gives you a snapshot view for a specific symbol. Snap also ended the production of its Snap Originals premium shows. Snap said during the quarter that, as part of its plan to reduce costs, it would shutter several expensive projects, including its Pixy drone, which it planned to sell for $230. The company had $4.4 billion in cash, cash equivalents, and marketable securities as of Sept. Should the stock close on Friday at its after-hours level, it would be the lowest since early 2019.Īs in the second quarter, Snap's board authorized a stock repurchase program of up to $500 million. Snap shares have lost over three-quarters of their value this year and are down more than 30% since July, when the company reported second-quarter results that missed on the top and bottom lines. The economic slowdown and potential for recession has also led many advertisers to pause or reduce spending on their campaigns. Facebook parent Meta reports quarterly results next week. Rival social media companies, most notably Facebook, have been similarly hurt by Apple's changes. Snap added that revenue growth is likely to keep decelerating in the fourth quarter, as that period "has historically been relatively more dependent on brand-oriented advertising revenue," which declined in the latest period.Īpple's 2021 privacy update to iOS remains a barrier in Snap's ability to track users across the web, thus weakening its online advertising business. ![]() "Forward looking revenue visibility remains incredibly challenging, and this is compounded by the fact that revenue in Q4 is typically disproportionately generated in the back half of the quarter, which further reduces our visibility," the company said. Snap also said that it wouldn't give guidance for the fourth quarter, marking a second consecutive period in which it's chosen not to offer a forecast. "We are finding that our advertising partners across many industries are decreasing their marketing budgets, especially in the face of operating environment headwinds, inflation-driven cost pressures, and rising costs of capital." "Our revenue growth continued to decelerate in Q3 and continues to be impacted by a number of factors we have noted throughout the past year, including platform policy changes, macroeconomic headwinds, and increased competition," Snap said in its letter to investors. Severance and related costs made up a big part of the restructuring charge in the period. In August, Snap announced that it would lay off 20% of the company's roughly 6,000 employees as part of a major restructuring plan. Average revenue per user (ARPU) was down 11% to $3.11. Personal Loans for 670 Credit Score or Lowerĭaily active users increased 19% year-over-year, showing the company is still able to attract people to the service despite the struggles on the business side. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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