Connect with us

Hi, what are you looking for?


Where to buy the Snap stock dip: it has dropped by 56% in six months

Tech companies and specifically social media giants have seen the prices of their shares drop in the past few months. Snap stock, for example, dropped by over 56% over six months.

There are however speculations that the Snap stock is oversold and the current dip could be nearing its end; giving way to a major bounce back.

To help stock investors interested in investing in Snap stock, Invezz has created a brief article on what it is and where to buy it.

To find out more, please continue reading.

Best places to trade Snap stock


eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Register with eToro instantly


Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.

Register with Webull instantly

What is Snap stock?

Snap stock is the stock of Snap Inc. Social Media Company and it trades on the New York Stock Exchange under the ticker NYSE: SNAP.

Snap Inc. is an American camera and social media company based in California. It was started in September 2011.

Some of the popular products that Snap Inc. has developed include the famous Snapchat platform, Ritmoji, and Spectacles.

Should I buy the Facebook stock today?

If you want to invest in a stock dip, then Snap stock could be a good choice.

However, as you invest, you should be ready for any further drops since it is not crystal clear as to when the current dip shall come to an end.

Snap stock price prediction

The current price drop at the beginning of this month (February) seems to be eating into the previous gains in January after a five months drop.

Analysts expect the Snap stock price to remain bearish at least for the better part of January as more and more social media platforms come up and the completion increases.

$SNAP stock social media coverage

$FB down 20% after hours

Others down big today, including after hours:$SNAP down 25%$SPOT down 22%$PYPL down 27%$PINS down 20%$TWTR down 15%

Some major hits to major brands.


— Chris Perruna (@cperruna) February 2, 2022

$SNAP was down 24% after hours on the back of those disappointing $FB earnings$SNAP is now back to the IPO price from March 2017 with the VWAP from the IPO at $24.66 — $SNAP got down to $25.11 after hours

I started positions after hours in $FB at $247 and $SNAP at $25.40

— Jonah Lupton (@JonahLupton) February 2, 2022

The post Where to buy the Snap stock dip: it has dropped by 56% in six months appeared first on Invezz.

Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

You May Also Like


Maxing out your 401k retirement account is no easy feat. While people’s income and financial responsibilities differ, saving $20,500 per year boils down to...


Americans aged about 45 or older may dimly recall a song from the mid-1970s called “Convoy.” It was a campy part of the genre...


Most people are familiar with income taxes and sales taxes. Income taxes are automatically withheld from pay or paid by independent contractors, self-employed individuals...


Many readers will be aware that President Biden has proposed new taxes on the rich to help fund his expenditure plans. As this article explains, a...

Dislaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Investments Spirit