Re:Snap Quarterly Results Q4 2022 [pdf]
by zeroonetwothree on Tuesday January 31, 2023 @08:37PM
(#34605142)
SNAP is currently at its lowest price since March 2019. Coincidentally, META is at its lowest price since Jan 2019. So I guess let's call it a wash?
SNAP has outperformed FB/META basically every period since Q1 2018, though. If anything, the time to sell out was after the pandemic run-up, in Q3/Q4 2021: SNAP had gained ~365% since the beginning of 2020 versus ~85% for FB/META.