Snap Stock Is Rising Today: What's Happening?


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Snap Inc (NYSE:SNAP) shares are trading higher by 8.55% to $15.36 Wednesday afternoon in anticipation of tomorrow's second-quarter earnings report.

According to analyst consensus estimates, Snap is expected to report revenue of $1.14 billion on an EPS loss of 1 cent.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

What Else?

While stocks have been under heavy pressure this year amid recession fears, this week's earnings reports from Goldman Sachs (NYSE:GS) and Netflix (NASDAQ:NFLX) have helped provide some positive market sentiment going into the earnings season.

See Also: If You Invested $100 In Bitcoin, Ethereum And Dogecoin 5 Years Ago, Here's How Much You'd Have Now

According to data from Benzinga Pro, Snap has a 52-week high of $83.34 and a 52-week low of $11.88.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: MoversTrading Ideaswhy it's moving