Shares of Snapchat’s parent, SNAP (SNAP), are down 74% year-to-date and 85% from their all-time highs. The social media company is testing a paid subscription service called Snapchat Plus.
In this video, we discuss what the paid subscription service entails and what it could mean for the company at a time when privacy policies from Apple (AAPL) and Google (GOOGL) have dealt a blow to online ad targeting. Moreover, we will take a look at what TipRanks analysts say about SNAP stock.