If you’re between the ages of 15-30 years old, you’ve most likely used Snapchat in your life. For a lot of people, it’s their preferred social media app. You’re able to keep up with your friends with the “stories” feature and send photos to them. The demographic for Snapchat is young, and this is a reason why it’s lost some growth in the past few years. Yet, its stock has finally started to rise. When Snapchat went public in March of 2017, its opening price was at $17 per share. About a year and a half later on December 21st, it fell to $5 per share. This was a dramatic decline for the company.
Things have been looking better for Snapchat since the stock dropped in December. Right now, the company is trading around $15. This is a phenomenal bounce-back for Snapchat and shows investors that the company is in a much better spot than it was a year ago. Goldman Sachs analysts Health Terry raised his rating for Snap to Buy from neutral, signifying a new sense of confidence in the company. However, there are reasons to pause on investing. Instagram has copied many of Snapchat’s features and made them better. The app has far more users than Snapchat and could eventually kill it. With all this said, What does the Future of Snapchat look like?
Tesla is a company that has a chance to not only change the automotive industry but to change the way we commute altogether. Founded in 2003, the company has been able to compete with giants like Ford and Chevy and pave its own path in an increasingly dense market. Everyone knows the CEO of Tesla, Elon Musk. His ventures go further than just Tesla, with Musk’s other companies being SpaceX and the Boring Company to name a few. He isn’t 100% committed to Tesla, and this is one of the problems that investors see. They have a hard time justifying Tesla’s current price of around $245 per share (steadily increasing).
Meanwhile, Tesla is coming off of a phenomenal Q2 where they saw delivery grow substantially. In Q2, Tesla was able to deliver 95,200 vehicles. This is higher than analysts predicted, and a great sign for its ability to get its cars out to their owners. With all this said, will Tesla’s stock continue to rise, or will issues cause the company to have setbacks? With all these questions and more, we ask one more important question: What does the future of Tesla look like?
I think most of us have gone to an AMC Theaters in our life. For some of us, they’re our main movie theater. They’re probably the most popular movie theater chain in the US, and even own a bunch of smaller theaters (Odeon, Starplex, MegaStar, etc). People often complain about how expensive it is to go to the theater nowadays. This is due to the fact that movie theaters hardly make any money on ticket sales. The studios that own the films are the ones that determine what percentage of the film’s revenue it’s able to keep, leaving movie theaters with little power of their ticket earnings. This is why the concessions at movie theaters are often so expensive.
To combat these issues, AMC introduced “AMC A-List” last year and it’s done really well so far. As of now, the company has over 800,000 subscribers to A-List, well above its 500,000 subscriber goal. A-List is a subscription to AMC Theaters that lets you see up to three movies a week for around $22 a month. If you see more than one movie, you’re more than likely already making back the money you spent on the subscription. It’s done really well for AMC and is the major thing that makes them stand out from similar movie theater chains.
Even though there’s most likely an AMC Theaters in your area, the company isn’t necessarily doing well. July 4th saw the lowest that AMC Entertainment Holdings, Inc. has been priced on the NYSE, coming in at $9.10 per share. Investors aren’t too thrilled with AMC. They have debt, and analysts predict they’ll have a financial loss in 2019, before possibly becoming profitable in 2020. This leads us to the question: What does the future of AMC look like?
Beyond Meat has only been public for a little under two months but has already made a huge splash on the stock market. The company’s IPO launched at $25 per share, with the first shares beginning to be traded at $46, and ending at $65.75 per share. This was a gain of 163%. It was the largest IPO for a company that raised over $200 million since the start of the century in 2000. Why was this IPO so historic? What makes Beyond Meat one of the most popular companies right now? Well, there are a few answers to these questions.
Uber might be one of the most popular companies in the world right now. Almost all of us have used their service. Uber describes itself as “A technology platform.” They go on to say that, “Our smartphone apps connect driver-partners and riders.” Therefore, the drivers are technically independent contractors that don’t work directly for Uber.
Uber went public on May 10th of 2019. They’ve only been on the stock market for little over a month, but have already caused a storm with investors. Uber’s stock started out as $45 per share, and it’s only decreased in value. After launching at $45 per share, Uber ended May 10th at $41.57 per share. Three days later on May 13th, the stock hit an all-time low at $37.10 per share. It’s steadily increased since then but still hasn’t gone above its opening price of $45. On June 5th, it actually hit $45 per share, but then quickly declined and hasn’t caught up since. Some analysts say that you should stay far away from Uber’s stock, while others think buying is a smart move. So, what does the future of Uber look like?