Up 91% YTD, What's Next For Snap Stock?

The Snapchat logo is seen in this illustrtion photo taken in Warsaw, Poland on 21 November, 2023. ... [+] (Photo by Jaap Arriens/NurPhoto via Getty Images)NurPhoto via Getty ImagesSnap’s stock (NYSE: SNAP) has gained approximately 91% YTD as compared to the 25% rise in the S&P500 index over the same period. That said, at its current price of just below $17, it is trading 53$11 – Trefis’ estimate for Snap’s valuation.Amid the current financial backdrop, SNAP stock has ...