Snap Inc (SNAP) has disclosed a new risk, in the Share Price & Shareholder Rights category.
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Snap Inc. faces the risk that activist stockholders could push for governance, operational, or strategic changes that conflict with its existing long-term plans and the interests of all investors. Such campaigns may drive short-term volatility in the price of its Class A common stock and force management and the board to divert significant time and resources away from executing core business strategies.
The average SNAP stock price target is $7.35, implying 22.91% upside potential.
To learn more about Snap Inc’s risk factors, click here.