Snap is a technology company. Co.'s product, Snapchat, is a visual messaging application that improves your relationships with friends, family, and the world. Snapchat is Co.'s primary mobile device application and contains five tabs, complemented by additional tools that function outside of the application. Snapchat opens directly to the Camera, to create a Snap and send it to friends. Co. provides a variety of Lenses, created by both Co. and its community, along with tools and licensed music, which enable people to personalize and contextualize their Snaps. Co. also provides voice and scanning technology within its Camera. The SNAP stock yearly return is shown above.
The yearly return on the SNAP stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the SNAP annual return calculation with any dividends reinvested as applicable (on ex-dates).
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