SNAP has been in the news 600% more than usual
Feb 12, 2025, 5:32 AM
-18.28%
What does SNAP do
Snap, headquartered in Santa Monica, California, employs 5,289 people and went public on March 2, 2017. Its main product, Snapchat, is a visual messaging app that includes subscription features and various advertising options.
SNAP has been in the news recently: Snap Inc. is offering $1.5 billion in senior notes at an interest rate of 6.875%, maturing in 2033, to repurchase existing convertible senior notes and for general corporate purposes. The offering is set to close on February 14, 2025.
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