Down 90% Over the Past 5 Years (but Up More Than 30% in April Alone), Is Snap Stock Finally a Buy?
2026-04-16 15:23:00 ET
During the trailing five years, shares of social media company Snap (NYSE: SNAP) have endured a brutal drawdown. The stock has collapsed, falling about 90%.
This steep decline comes as the Snapchat parent company seems to struggle to consistently grow revenue and achieve meaningful double-digit growth, and to achieve meaningful profitability in the face of intense competition from deep-pocketed tech giants like Meta Platforms (NASDAQ: META) .
Adding to the narrative, Snap just announced a fresh round of layoffs this week. While cost-cutting measures are often cheered by investors as a step toward profitability, the move also highlights the ongoing challenges facing the business.
NASDAQ: SNAP
SNAP Trading
4.47% G/L:
$6.315 Last:
18,918,436 Volume:
$6.20 Open:
