Big Tom Callahan, played by Brian Dennehy in the 1995 classic “Tommy Boy,” seems to have been wrong when he proclaimed “you’re either growing or you’re dying” at least when it comes to Snap Inc.
While Snapchat’s trademark pictures-and-messaging app isn’t growing at all, according to its latest Q4 financials, the company’s stock price rocketed 22 percent on Wednesday.
This was a company left for dead — Instagram’s roadkill. What the hell happened?
In brief: Snapchat reported on Tuesday, after the market closed, that it ended the fourth quarter with 186 million daily active users, the same number it had the previous quarter.
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