B
Evidence Grade B
Graded
under review
Safe to Cite
Dated
5.2%
5.2% -- stock price change for Snap Inc. stock (2018-10-04)
Attribution:
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Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
5.2%
Unit
Percentage
Data Vintage
2018-10-04
Entity
Geography
US
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
CNBC
Primary
Tier A
https://www.cnbc.com/2018/10/04/snap-shares-fall-after-analysts-cut-price-targets-citing-instagram-c… ↗
Source Article
Snap shares plunge after analysts cut price targets, citing Instagram competition
Snap's user engagement will decline as the messaging app's customers move to other platforms, according to Evercore ISI.
The firm lowered its price target to $7 from $9 for Snap shares, citing the competitive threat from Facebook's Instagram. The company's stock closed at $8.23 Wednesday.
"We believ…
Original Research
CNBC
· Original study ↗
Methodology
Stock price change on a single day.
Methodology documented
Segmentation
IndustryMedia
RegionUS
Cite this stat
Plain Text
Snap Inc. stock: 5.2% stock price change. Source: CNBC (2018-10-04). Via Lighthouse Intelligence -- https://lighthousedata.io/data/snap-stock-price-decline
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<blockquote cite="https://lighthousedata.io/data/snap-stock-price-decline" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>5.2%</strong> -- stock price change for Snap Inc. stock<br><small>Source: CNBC (2018-10-04) · <a href="https://lighthousedata.io/data/snap-stock-price-decline" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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