Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

Snap slips after revenue miss, user metric change

By Reuters News

** Shares of Snapchat operator Snap SNAP.N fall 9.8% to $5.34 premarket

** Co's Q3 revenue misses analysts' expectations with ad revenue rising 4%, below co expectations

** CEO Evan Spiegel blames lower spending amid macroeconomic pressures in US and Middle East

** B Riley ("Buy," cuts PT to $8 from $10) views co's move to use monthly active users as audience metric, instead of daily, as loss of data on regional engagement

** Average rating of 31 of 44 analysts is "hold", with 9 at "buy", 1 "strong buy" and 3 "sell"; their median PT is $6.88 - LSEG-compiled data

** YTD, up to last close, stock down nearly 27%

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
 

Cryptocurrency-related content is intended solely as news and market commentary. Crypto Derivatives are not available to Retail clients registered with Capital Com (UK) Ltd.