Snap Sinks on Revenue Miss and How Much Is Macy’s Really Worth?
CNBC's "Fast Money"
00:00
Are You Worried About What Facebook Is Saying?
Karen: Why shouldn't facebook investors be concerned about what snap was saying? Karen: Snap had a much, much higher valuation due to its higher growth. So when you miss and you have a super high valuation, you're goin to get punished more. I don't know if this is enough of a punishment for facebook alphabet, but it does set up better going into earnings having been down.
Play episode from 04:30
Transcript
