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David Gokhshtein: Snapchat stock drops 9 percent after AR glasses debut

David Gokhshtein: Snapchat stock drops 9 percent after AR glasses debut
Snapchat falls after AR glasses debut

David Gokhshtein, founder and CEO of Gokhshtein Media, reports that Snapchat shares declined by 9 percent following the company’s launch of new augmented reality glasses.

The market reaction came shortly after the debut of these AR products.

Gokhshtein has recently commented on price trends in other sectors. He suggested that Bitcoin could fall to the $60,000 range before any recovery in a recent outlook on cryptocurrency markets. He also observed that investor attention on IPOs may be causing crypto assets to remain undervalued, according to a separate market note.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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