Snap Defies the Bears With Stunning Growth and a Surprise Profit

Leo Sun, The Motley Fool
·5 min read
Snap Defies the Bears With Stunning Growth and a Surprise Profit
Snap Defies the Bears With Stunning Growth and a Surprise Profit

Snap's (NYSE: SNAP) stock recently skyrocketed after its third-quarter numbers shattered expectations. Its revenue surged 52% year-over-year to $679 million, marking its strongest growth in over two years and beating estimates by $127 million.