Down 88% From Its All-Time High, Here's 1 Big Reason Snap Stock Can Snap Back in 2025

Snap (NYSE: SNAP) is the parent company of popular social media platform Snapchat. In September 2021, its stock hit an all-time high of $83, which represented a whopping 388% gain from its initial public offering (IPO) price of $17 from a few years earlier.However, Snap stock has since lost 88% of its peak value. The company has struggled with the privacy changes implemented by iPhone maker Apple in 2021, which temporarily muted the effectiveness of its advertising platform. Plus, Snap hasn't expanded as aggressively (organically or through acquisitions) as its main rival, Meta Platforms.Snap's business is showing signs of improvement right now, and there's one big reason its stock could bounce back from here.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool