Snap Inc (NYSE:SNAP) shares are trading higher by 8.55% to $15.36 Wednesday afternoon in anticipation of tomorrow’s second-quarter earnings report.
According to analyst consensus estimates, Snap is expected to report revenue of $1.14 billion on an EPS loss of 1 cent.
What Else?
While stocks have been under heavy pressure this year amid recession fears, this week’s earnings reports from Goldman Sachs (NYSE:GS) and Netflix (NASDAQ:NFLX) have helped provide some positive market sentiment going into the earnings season.
See Also: If You Invested $100 In Bitcoin, Ethereum And Dogecoin 5 Years Ago, Here’s How Much You’d Have Now
According to data from Benzinga Pro, Snap has a 52-week high of $83.34 and a 52-week low of $11.88.
