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Benzinga

Henry Khederian

Why Snap Shares Are Falling Today

Snap Inc (NYSE:SNAP) shares are trading lower on continued weakness after Cowen & Co on Thursday downgraded the stock from Outperform to Market Perform and lowered its price target from $75 to $45.

See Also: Why JPMorgan Shares Are Sliding Today

Snap, which refers to itself as a camera company, has one of the most popular social networking apps, Snapchat, in developed regions such as North America and Europe. Snap generates nearly all of its revenue from advertising with 88% coming from the U.S.

Snap has a 52-week high of $83.34 and a 52-week low of $36.56.

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What Caused the Fire at Fall River Assisted Living Centre? Nine People Dead, One in Critical Condition

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Suspect in Kentucky church shooting had a domestic violence hearing the next day

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Top stories on inkl right now

15-year-old Alisa Petrov reported missing again after triggering a nationwide search with her first disappearance

15-year-old Alisa Petrov reported missing again after triggering a nationwide search with her first disappearance

It's the second time this year she has vanished.

We Got This Covered

What Caused the Fire at Fall River Assisted Living Centre? Nine People Dead, One in Critical Condition

What Caused the Fire at Fall River Assisted Living Centre? Nine People Dead, One in Critical Condition

Nine died and one remains critical after a 12 July fire at a Massachusetts care home. Arson is ruled out; an electrical fault is suspected. Statewide safety reviews are underway.

International Business Times UK

Georgia hotel ordered to pay $40 million to victim who was trafficked more than 200 times at the facility

Georgia hotel ordered to pay $40 million to victim who was trafficked more than 200 times at the facility

J.G. was only 16 when she was trafficked at the hotel between 2018 and 2019

The Independent UK

DNC threatens to sue North Carolina elections board over plan to purge 100,000 voters

DNC threatens to sue North Carolina elections board over plan to purge 100,000 voters

Potential lawsuit follows vote by the board to require additional registration information from voters in a perennial battleground state

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Suspect in Kentucky church shooting had a domestic violence hearing the next day

Suspect in Kentucky church shooting had a domestic violence hearing the next day

The man accused of killing two women at a Kentucky church and wounding a state trooper in separate shootings had been expected in court for a domestic violence hearing the next day

The Independent UK

German doctor on trial for allegedly murdering 15 patients in his care

German doctor on trial for allegedly murdering 15 patients in his care

Defendant accused of using deadly cocktail of drugs and of setting fire to many victims’ homes to cover up evidence

The Guardian - UK

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