• Snap is an 'attractive candidate to go private' if management can't reverse its usage trends, analyst says

    2 monthes ago - By Business Insider

    Snap shares rallied Friday after receiving an upgrade from Pivotal Research.
    The stock's current price makes the company an "attractive candidate to go private" if management can't reverse its usage trends, Pivotal Research said.
    Shares have lost more than 60% of their value since Kylie Jenner tweeted her displeasure with the Snapchat app's redesign in February.
    Watch Snap trade in real time here.
    Snap shares rallied as much as 8.5% Friday after receiving an upgrade at Pivotal Research, who said the company is an "attractive candidate to go private" if its management is unable to reverse...
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