Snapchat Waves White Flag While Facebook Erases Cambridge Analytica Losses!
Episode description
Snapchat has been dealing with quite the PR disaster after a major user interface change a few weeks ago. Their CEO recently waved a white flag by announcing plans to make changes to the new UI. How will all of this play out in $SNAP earnings report on May 1st? Will the stock manage to hold long term support at 14?
Facebook's Instagram Stories has realized huge benefits from the user revolt over at $SNAP. In fact, $FB just announced fantastic usage and earnings numbers, turning the Cambridge Analytica "scandal" into a distant memory. The stock is up almost $20/share since the publication of our bullish report just over a month ago.
Starbuck's is dealing with a PR nightmare into tonight's earnings report. Let's discuss the social data and touch on the opportunity alert we sent out to members!