Snap Sinks on Revenue Miss and How Much Is Macy’s Really Worth?

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.9 • 1.3K Ratings

🗓️ 21 October 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

We’re all over the after-hours action in Snap, Intel and more as Q3 earnings season kicks into high gear. Plus one analyst says Macy’s has the potential to unlock huge value if it spins off its e-commerce platform as Jana Partners suggests. Where he says the stock could be going from here. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	Life in the Nasdaq Market
0:02.0	side overlooking New York City's
0:03.0	Times Square.
0:04.0	This is Fast Money.
0:05.0	I'm Melissa Lee,
0:06.0	tonight's Trader lineup.
0:07.0	Guy Dami, Tim Seymour,
0:08.0	Karen Feynerman,
0:09.0	and Pete Najarian,
0:10.0	co-founder of MarketRebellion.com.
0:12.0	We kicked things off of the
0:13.0	major earnings alert on
0:14.0	SNAP.
0:15.0	That stock is plummeting
0:16.0	after our shares are now
0:17.0	down.
0:18.0	About 23%.
0:19.0	The call is just getting
0:20.0	underway.
0:21.0	Let's get straight to
0:22.0	Julia Borson with more on
0:23.0	the quarter.
	...

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