Snap Tumbles Nearly 7% Following Cowen Price Cut
2022年1月14日 - 03:45AM
Dow Jones News
By Denny Jacob
Snap Inc. shares are down nearly 7% after Cowen & Co. cut
its price target for the multimedia instant-messaging app company
to $45 from $75. It was also cut to market perform from
outperform.
Shares in Snap have fallen in recent months after rising for
most of the Covid-19 pandemic. The rise was fueled by the company's
push into areas like wearable technology and sizeable user growth.
But recent privacy measures enacted by Apple Inc., as well as a
broader selloff in tech stocks as central banks have signaled they
will raise interest rates next year to curb inflation, have put a
damper on Snap's stock performance.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
January 13, 2022 13:29 ET (18:29 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Snap (NYSE:SNAP)
過去 株価チャート
から 2 2024 まで 3 2024
Snap (NYSE:SNAP)
過去 株価チャート
から 3 2023 まで 3 2024