Snapchat Rises to Near 250 Million Daily Active Users
Oct 20, 2020
Snap Inc surged over 24% after the software company reported well ahead of analysts’ estimates on quarterly revenue and user growth. Snap’s revenue jumped 52% to $678.7 million and reported 249 million daily active users during the quarter.
Winning Streaks
Snap attracted more advertisers this quarter because of a rise in spending and…