Is Snap Stock a Buy Below $12 per Share?

The pain train just continues for Snap (SNAP 2.09%) shareholders. After rising 89% in 2023, the social media platform and smartphone app saw its shares collapse below $12 after posting another quarter of losses. Despite growing its user count, Snap has failed to generate ad revenue on par with competing social media companies like Meta Platforms.After its recent fall, Snap now trades close to$11 per share and is off 87% from its all-time high. Does that make the stock a buy, or is there more pain ahead for ...