Spotify (SPOT) surged on the heels of its Q2 earnings report with shares climbing more than 13% on Wednesday after the company reported a beat on both revenue and monthly active users. But one analyst says the stock surge was an “overreaction” given the platform’s profitability struggles. “While we believe […]
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Snap ‘is going through a near-death experience,’ analyst explains
Snap’s stock crash on Friday after a dismal second-quarter earnings report and brutal call is well warranted, one analyst explained to Yahoo Finance. “I feel like the company is going through a near-death experience,” MKM Partners Analyst Rohit Kulkarni said on Yahoo Finance Live (video above). “It’s macroeconomic, Apple and […]
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