SNAP Shares Down 88% Since September, Recession Fears Rising
After a dismal Q2 earnings report, shares in Snap (SNAP) cratered by nearly 40%, which stoked fears that a potential recession in the United States could be more intense than expected.
After a dismal Q2 earnings report, shares in Snap (SNAP) cratered by nearly 40%, which stoked fears that a potential recession in the United States could be more intense than expected.
Hopes for a strong economic recovery in 2021 have boosted the fortunes of crude oil, which has rallied more than 30% during the first couple months of the new trading year. At the outset of the COVID-19 pandemic, crude oil prices nose-dived as declining economic activity greatly reduced demand for the world’s most heavily traded … Continued