Snap Shares Fall Below IPO Price Amid Doubts Over Growth

Snap Shares Fall Below IPO Price Amid Doubts Over Growth

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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Snap's IPO promised growth and innovation but failed to specify new product rollouts, leading to investor skepticism. Despite strategic moves like acquiring Zenly and partnering with Time Warner, Snap struggles against Instagram's user growth. Internationally, Snap lags due to Android platform issues. Investors doubt Snap's valuation, given its competition with Facebook and Instagram.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the main reasons investors were skeptical about Snap's growth promises?

Lack of clear product rollout plans

High competition from Twitter

Excessive marketing expenses

Decline in user engagement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company did Snap acquire to enhance its mapping capabilities?

Zenly

Time Warner

MapQuest

Google Maps

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many daily active users did Instagram Stories have compared to Snapchat?

250 million

166 million

100 million

300 million

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What platform has been a challenge for Snap in terms of international growth?

Android

Windows

Linux

iOS

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason investors doubt Snap's valuation?

Decreasing stock prices

Poor customer service

Lack of innovative features

High competition from Facebook and Instagram