Snap Inc (NYSE: SNAP) reported a loss of 9 cents per share on revenue of $454 million for the second quarter of 2020. While the loss was in line with the market’s view, revenue topped the analysts’ expectations. SNAP stock plunged about 10% immediately after the earnings announcement in the after-hours session.
The photo sharing platform didn’t provide guidance for its third quarter of 2020 citing the uncertainties related to the ongoing COVID-19 pandemic and the rapidly shifting macro conditions,
Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of
Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered
Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company