Snap’s Pop
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 6 February 2019
⏱️ 19 minutes
🧾️ Download transcript
Summary
Snap shares pop 27%, so why aren’t we more encouraged? David Kretzmann analyzes the social media company’s struggles and shares why time is running out for Snap to succeed. Disney’s 1st-quarter results come in higher than expected, but all eyes are on the company’s streaming services. Plus, David shares investing takeaways from his trip Singapore, Hong Kong, and Japan.
Transcript
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| 0:00.0 | It's Wednesday, February 6th. |
| 0:03.7 | Welcome to Market Foolery. |
| 0:04.9 | I'm Chris Hill joining me in studio today. |
| 0:07.2 | Back from a very long trip, which we will talk about. |
| 0:10.6 | It's David Kretsman. |
| 0:11.6 | Thanks for being here. |
| 0:12.4 | Great to see you, Chris. Thanks for having me. |
| 0:14.0 | I'm glad to see you in one piece and upright and I know that jet lag is already crushing |
| 0:19.5 | yourself. Yes, that will be my excuse if I say anything stupid or if I blank out for a few seconds. |
| 0:24.1 | That's the reason. |
| 0:25.1 | We'll keep this tight and then you can go catch a nap. |
| 0:27.2 | Sounds good. |
| 0:28.2 | We are going to talk about your trip, but we've also got earnings from Disney. |
| 0:33.2 | We've got to start with the stock of the day, |
| 0:34.6 | and that is SNAP. |
| 0:36.0 | Miraculously, the stock of the day is SNAP. |
| 0:38.2 | Shares up 27% this morning. |
| 0:40.7 | SNAP's fourth quarter loss was not as big as expected. That counts as a win for |
| 0:46.4 | this business. They stopped the bleeding in terms of the user base and look for all the fun that we poke at Snap that's I think |
| 0:56.1 | that second one is both real and important because the two previous quarters |
| 1:01.3 | SNAP was losing users They stabilized that this time |
| 1:04.8 | around. Yeah, I mean at least you stop the bleeding. Right now you're at 188 million |
... |
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