Snap sees another bump in its most loyal users, and company’s stock rises 12% - MarketWatch
1. Snap Inc. reported a 12% stock rise after quarterly profit announcement. 2. Daily average users increased 9% year-over-year, reaching 453 million. 3. Fourth quarter revenue rose 14% to $1.56 billion, surpassing expectations. 4. GAAP earnings improved to 1 cent per share from a prior loss. 5. Stock performance contrasts with a 30% decline over the past 12 months.