Could the Coronavirus Crisis Cause Snap to Run Out of Cash?

Snap (NYSE: SNAP) has been a divisive stock ever since the novel coronavirus (COVID-19) crisis started. The bulls claim Snap is well-insulated from the coronavirus crisis, since it has limited exposure to small and medium-sized businesses.

The bears argue that Snap's ad revenue could still be throttled by a global recession, its valuation is too high, and it's still burning through too much cash. Last year, several analysts claimed Snap would run out of cash within three years if it didn't turn a profit.

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Source Fool.com