Why place an over one year old alleged offer in the media today?
Because the shares are free-falling, user growth quarter-over-quarter will likely be abysmal and float will drastically increase in 2 weeks.
The only possible sliver of hope for shareholders right now is a potential buyout. Remember how many times Twitter rallied on 'chatter' of a Google bid?
Edit: interesting number of down votes, is this such a far fetched conspiracy theory? If it was such an open secret at Snap, why has this not come out yet?
Why place an over one year old alleged offer in the media today?
Because the shares are free-falling, user growth quarter-over-quarter will likely be abysmal and float will drastically increase in 2 weeks.
The only possible sliver of hope for shareholders right now is a potential buyout. Remember how many times Twitter rallied on 'chatter' of a Google bid?
https://www.theguardian.com/technology/2015/apr/08/twitter-s...
https://www.cnet.com/uk/news/twitter-buyout-rumors-google-sa...
Edit: interesting number of down votes, is this such a far fetched conspiracy theory? If it was such an open secret at Snap, why has this not come out yet?