HomeInvestingEarningsSnap (SNAP) Up On Restructuring News, To Lay Off 20% Of Workforce

Snap (SNAP) Up On Restructuring News, To Lay Off 20% Of Workforce

Snap (SNAP) is the subject of today’s FOMO segment. In this segment Jenny Horne and Caroline Woods discuss Snap Inc’s (SNAP) announcement that it is cutting 1200 jobs or 20% of its workforce. SNAP gained on the restructuring news. According to CEO Evan Spiegel revenues for the current quarter are tracking at an 8% year-over-year gain, well below expectations. Snap stock (SNAP) jumped premarket after the announcement and was trading up ~9.5% around $11/share Wednesday midday.

Next Gen Investing

31 Aug 2022

SHARE

ON AIR
11:00 am
Fast Market
12:00 am
Fast Market
REPLAY
1:00 am
Trading 360
REPLAY
2:00 am
Next Gen Investing
REPLAY
education
3:00 am
Your First Trade
REPLAY
3:30 am
Trading 360
REPLAY
4:30 am
Next Gen Investing
REPLAY
education
5:30 am
Your First Trade
REPLAY
6:00 am
Fast Market
REPLAY
7:00 am
Futures
8:00 am
Morning Trade Live
10:00 am
Trading 360
ON AIR
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
2:00 pm
Market On Close
3:30 pm
Market Overtime
4:00 pm
Trading 360
REPLAY
5:00 pm
Fast Market
REPLAY
6:00 pm
Next Gen Investing
REPLAY
7:00 pm
Market Overtime
REPLAY
education
7:30 pm
Your First Trade
REPLAY
8:00 pm
Trading 360
REPLAY
9:00 pm
Market Overtime
REPLAY
education
9:30 pm
Your First Trade
REPLAY
10:00 pm
Fast Market
REPLAY
11:00 pm
Trading 360
REPLAY

Get the Market Minute

Daily insights for every investor

coming soon

We are now

coming soon

We are now