Snap (SNAP) has been on a tumultuous ride since the early March IPO. After soaring as high as $27 out of the gate, shares have since been cut in half and are now more than 20% below the IPO price.
With 2Q17 earnings on tap for Thursday, Snap is looking to redeem itself from the 1Q17 earnings disaster. Should investors take a second look, or do the issues we highlighted in February 2017 still plague the company?
To learn more, watch New Constructs CEO, David Trainer discuss Snap’s business and its current valuation.
This article originally published on August 10, 2017.
Disclosure: David Trainer and Kyle Guske II receive no compensation to write about any specific stock, style, or theme.