Tech

Snap Inc’s Stock reaches a Record Low

Published

5 years ago

December 23, 2018

Snap has hit the all time low figure for its share price, closing at $4.85 on Friday. Ever since the company was made public last year, the share price has been dropping only. Opening at $17, the company is today at less than $5. Just ahead of Christmas holidays, having such a blow is proving harmful for the company.

This drop took place as the investors started questioning the future of Snapchat. The company has failed to impress its investors on how it plan on making the product successful in future and grow its user base. Moreover, with rate hikes of Federal Reserve and impending government shutdown, the company is facing a lot of struggles.

And these struggles are not just it.

There is a head on collision of Snapchat with Instagram, which copied its stories feature and has now become one of the biggest growing social media platform. Add to that, some of the bad decisions taken by Snap Inc., such as changing the design of the product very quickly which received a lot of criticism. This eventually led the company to change the design again.

Also, since Snap couldn’t meet the internal goals this year, its employees will also not be getting any cash bonus for the 2nd consecutive year. Many major heads of the company have also left, such as engineering head, communication lead, marketing head, business head, and so on.

Ever since it has been launched, after just a minor rise, it is dropping rapidly. And the fall has become more prominent in the last few days.

Poor redesign in Q1, and impending Government actions, clubbed with failure to win over the investors are some of the major causes why Snap Inc’s stock has reached a record low on Friday.

Tech

Expert Embedded Hardware Development Services by Integra

Published

2 months ago

February 27, 2024

Jonathan Grilli

Integra is a seasoned hardware design companies with a decade of experience in the field. Whether you need end-to-end embedded product development or assistance with specific project components, we’ve got you covered. From assessing your requirements to crafting hardware and firmware, to prototype testing, we ensure a comprehensive approach to meet your needs.

Our Offerings

At Integra, we specialize in developing embedded products for a wide range of systems. We excel in implementing projects based on 32-bit microcontrollers, designing electronics leveraging System-on-Chip (SoC) technology, and crafting solutions using 32- and 64-bit Single Board Computers (SBCs). Our expertise extends to creating intricate electronics with enhanced security requirements and a rich array of peripheral devices and input-output capabilities.

Our engineers are adept at crafting secure, cost-effective, and user-friendly embedded solutions for various industries, including consumer electronics, retail, healthcare, mining, oil and gas, entertainment, manufacturing, and more.

Services We Offer

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Warranty Period: We stand behind our work with a commitment to quality and reliability, offering a warranty period to ensure your peace of mind.

Why Choose Integra?

Experience: With a decade of experience in the industry, we bring a wealth of expertise to every project we undertake.
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Partner with Integra for expert embedded hardware development services that drive innovation and propel your projects to success. Contact us today to discuss your project requirements and see how we can help bring your vision to life.