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April 1, 2020, 4:36 p.m. EDT

Snap says video calling is up over 50% during coronavirus pandemic

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By Jon Swartz

Snap Inc. /zigman2/quotes/205087158/composite SNAP -0.10% says video calling on its site shot up more than 50% in late March compared with late February as the coronavirus pandemic spreads. In a company blog post Wednesday, the company also said Snaps between friends as well as Group Chats hit all-time highs. Snap shares were flat in extended trading Wednesday. In the last year, they are up 0.4%. The broader S&P 500 index /zigman2/quotes/210599714/realtime SPX +1.36% is down 14% in the last year.

/zigman2/quotes/205087158/composite
US : U.S.: NYSE
$ 19.73
-0.02 -0.10%
Volume: 38.33M
June 3, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$28.52 billion
Rev. per Employee
$409,309
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/zigman2/quotes/210599714/realtime
US : S&P US
3,122.87
+42.05 +1.36%
Volume: 3.16B
June 3, 2020 5:18p
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