NYSE:KIND - New York Stock Exchange, Inc. - US65345M1080 - Common Stock - Currency: USD
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Snap (NYSE:SNAP) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the social networking industry, including Yelp (NYSE:YELP) and its peers.
Over the past six months, Nextdoor’s stock price fell to $2.42. Shareholders have lost 11.4% of their capital, which is disappointing considering the S&P 500 has climbed by 9.7%. This might have investors contemplating their next move.
This under-the-radar stock has massive potential to scale and monetize its business.
These aren't the lowest-risk stocks, but they could have massive growth potential.
Wrapping up Q2 earnings, we look at the numbers and key takeaways for the social networking stocks, including Nextdoor (NYSE:KIND) and its peers.
Nextdoor Holdings Inc. reported second-quarter revenue that beat analysts’ estimates and projected stronger-than-expected sales growth, pointing to improvements in the company’s advertising technology as a key driver of sales.