Could SNAP Go As Low As $6 Per Share In 2023? META Comparison
Is there any hope for a social media platform like Snapchat? “Technical analysis on a stock like SNAP is terrible. I see it going as low as $6 per share in 2023. I think this is largely an advertising problem, as well as the entire communications sector being weak. On the other hand, Meta Platforms (META), previously Facebook (FB), needs to reevaluate their business model as what they largely provide are ads versus social engagement,” says Vance Howard. Next, Tom White discusses example options trades on META.