We joined CNBC on Tuesday, April 23 to discuss Snap’s earnings, the competitive challenges it faces, and its valuation.

Watch the CNBC Interview

With Snap (SNAP) trading 50% below the opening price of its IPO day, some believe the stock is now a bargain buy. However, have the issues Snap faced even before its IPO, such as lack of defensible moat and questionable corporate governance, been solved? If not, Snap – even at its lower valuation – would still look significantly overvalued.  

This article originally published on April 23, 2019.

Disclosure: David Trainer, Kyle Guske II, and Sam McBride receive no compensation to write about any specific stock, sector, style, or theme.

Follow us on Twitter, Facebook, LinkedIn, and StockTwits for real-time alerts on all our research.

Click here to download a PDF of this report.

Leave a Reply

Your email address will not be published.