
Snap Sinks on Revenue Miss and How Much Is Macy’s Really Worth?
CNBC's "Fast Money"
00:00
Jerred: From a facebook perspective, when look at the relative valuations, you know, facebook is tratting at ten times next year. It's an incredibly profitable company. The one wild car that you have to think about from a cyclical standpoint is exactly what you talked about t em in terms of snap high lighting global supply chains are an absolute mess,. So does that impact ther advertisers? You're lappingn mer, you're lapping unemployment benefits that were enhanced. Is the consumer potentially more impacted than not? So you do have potentially some head winds within the overall Didual advertising end a environment to think about?"
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