Snap (NYSE: SNAP) has been run over by its social media rivals, but that hasn't stopped CEO Evan Spiegel from spending lavishly on stock-based compensation, despite floundering results. In this video, Travis Hoium shows the latest underperformance and explains why there's nothing investors can do about it.
*Stock prices used were end-of-day prices of July 26, 2023. The video was published on July 28, 2023.
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Travis Hoium has positions in Snap. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
