Snap Sends Warning Shot to Investors 7/21/22
CNBC's "Fast Money"
00:00
Is the Floor Valuation Going to Continue to Compress?
i suspect that ultimately the numbers are going to probably come down by five, 30 %. And i think that the multiple is going to continue to compress until investors have at least a glimpse that in a quarter out, the rubagis going to start to re accelerate. It's very difficult. There is a revenue per user basis. You could look at it from that metrick. Ah, but the challenge we ad is we don't know what the revenue is going to be.
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