Last Thursday, Snap Inc (NYSE: SNAP) reported its first quarter financials, showing that the improvements it made to its advertising system showed results faster than anticipated. Upon the earnings beat, strong revenue growth as well as the rise of daily active users to 422 million, shares surged 21% during after-hours trading. First quarter results show Snap’s efforts to rebuild its ad business are working. For the first three months of the year, Snapchat-parent reported revenue rose 21% to $1.
Borrowers have until midnight to consolidate student loans into one loan with a fixed interest rate to be eligible for a one-time payment adjustment.
A solid quarter is alleviating some of the concern surrounding this aerospace stock.