Techstock
Over the long run snapchat price is heading to 10 dollarI believe snapchat will not be capable of making enough profit to turn the tide and the stock will keep declining further to the 10 dollar region. It's hard to monetize a platform as snapchat, snap users are mostly teens. Advertisers choose instagram instead of snapchat. I don't want to look to far into the future but it's not unthinkable that snapchat will eventually go to zero dollar. Think about what happend to myspace. Social media is a hard sector to compete. I didn't like the company since IPO to be honest.