ECONOMICS
DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Kylie Jenner tweets, “sooo does anyone else not open Snapchat anymore? Or is it just me ____ ugh this is so sad.” What happens to the market for stock in Snapchat?
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Demand increases
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Demand decreases
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Supply increases
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Supply decreases
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Explanation:
Detailed explanation-1: -The most cited issues that led to the decline of Snap’s stock value include lower-than-expected third quarter revenue and no guidance for the fourth quarter from Snap’s management apart from a statement that it expects flat growth for the fourth quarter.
Detailed explanation-2: -Kylie Jenner Tweeted About Snapchat. Then Its Stock Lost $1.3 Billion in Value. Snap Inc.’s flagship platform has lost some luster, at least according to one social-media influencer in the Kardashian-Jenner clan.
Detailed explanation-3: -Kylie Jenner (kylizzlemynizzl) | Snapchat Stories, Spotlight & Lenses.
There is 1 question to complete.