Snap! Archives - CFO

Snap User Growth Rises But Misses Forecast

Snap User Growth Rises But Misses Forecast

The initial lift in users that Snap saw from coronavirus lockdowns "dissipated faster than we anticipated as shelter in place conditions persisted."

By Matthew Heller | July 22, 2020

Snap Stock Rally Continues on Strong Q2 Results

Financial Performance

Snap Stock Rally Continues on Strong Q2 Results

“At this point, we must acknowledge the turnaround in [the Snapchat maker's] underlying operating trends," one analyst says.

By Matthew Heller | July 24, 2019

Ford Names Ex-Amazon Exec Tim Stone as CFO

Ford Names Ex-Amazon Exec Tim Stone as CFO

The appointment of Stone to replace Bob Shanks "demonstrates Ford’s continuing transformation to a new age auto company."

By Matthew Heller | March 21, 2019

CFO Stone Leaving Snap After Only 8 Months

CFO Stone Leaving Snap After Only 8 Months

While Snap's financials improved slightly during Tim Stone's short tenure, the company's share price continued to ebb.

By Vincent Ryan | January 15, 2019

Snap Swaps Out CFO Vollero for Amazon Exec

Snap Swaps Out CFO Vollero for Amazon Exec

Drew Vollero helped guide Snapchat's parent through its IPO. But struggles with lackluster user growth and earnings marred his tenure.

By Matthew Heller | May 8, 2018

Dropbox Surges in Much-Awaited Market Debut

Dropbox Surges in Much-Awaited Market Debut

The cloud storage company's stock rises more than 40%, giving it a market valuation of more than $12 billion.

By Matthew Heller | March 23, 2018

IPO Values Dropbox Below 2014 VC Funding

IPO Values Dropbox Below 2014 VC Funding

The storage firm's offering could be “a bellwether for the fortunes and fates of other outsized startups" that have been waiting to go public.

By Matthew Heller | March 12, 2018

Snap Stock Slides After Kylie Jenner Outburst

Snap Stock Slides After Kylie Jenner Outburst

The reality TV star said she's stopped using Snapchat but it's unclear that she single-handedly wiped more than $1 billion off Snap's market value.

By Matthew Heller | February 22, 2018

Will 2018 Be the Year IPOs Come Roaring Back?

Will 2018 Be the Year IPOs Come Roaring Back?

If economic and market conditions hold, issuance could surpass $50 billion next year, says Renaissance Capital.

By Vincent Ryan | December 19, 2017

Indices to Bar New Issuers That Offer Multiple Share Classes

Risk & Compliance

Indices to Bar New Issuers That Offer Multiple Share Classes

S&P Dow Jones Indices and FTSE Russell take a stand against companies that deny shareholders a say in how a company is run.

By Vincent Ryan | August 1, 2017

IPO Market Better, But Not Great, In Q1

IPO Market Better, But Not Great, In Q1

Twenty-five companies raised $9.9 billion in the first quarter of 2017, a stronger start than last year.

By Vincent Ryan | March 30, 2017

Snap Shares Soar 44% on First Day of Trading

Snap Shares Soar 44% on First Day of Trading

Some analysts are skeptical about Snapchat's parent, pointing to its “aggressive competition” and a “core user base that is not growing by much."

By Matthew Heller | March 2, 2017