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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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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the incremental changes Snap has made to its app?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why are investors not convinced about Snap's valuation?

Evaluate responses using AI:

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