'Speculatively Bullish' Options Activity in Snap (SNAP) Targets Upside in Shares Into October -Susquehanna

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Snap Inc (SNAP) PT Lowered to $12 at UBS Following 2Q Miss

August 11, 2017 8:53 AM EDT

UBS lowered its price target on Snap Inc (NYSE: SNAP) to $12.00 (from $19.00) while maintaining a Neutral rating following the company's 2Q. SNAP reported revenue and adjusted EBITDA missing consensus by $5m and $10m respectively.

UBS cut 3Q revenue estimates to $257m from... More

Snap (SNAP) Short Borrow Rate Craters to 2%

August 9, 2017 11:52 AM EDT

Fees to borrow Snap (NYSE: SNAP) shares short have "cratered", according to S3 Partners.

"From trading at 64% fee on August 1st, stock borrow costs were down to 4.5% yesterday and 2.00% today," S3's Ihor Dusaniwsky said.

This is related to new... More