Snapchat parent company sees shares surge as improved ad system pays off

Snapchat parent company sees shares surge as improved ad system pays off

6 months ago
Anonymous $6hYC3Wwiad

https://www.theguardian.com/business/2024/apr/25/snapchat-shares-surge-ad-system-impact

Snap’s share surged 21% in after-hours trading as app’s users increased by 422 million, bringing in $1.2bn in revenue

Shares in the owner of Snapchat surged 21% during after-hours trading after the social media group beat Wall Street’s expectations for quarterly revenue and user growth.