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Snap shares jump 10% on profit beat, stock buyback

CNBC
Summary
Nutrition label

78% Informative

Snap reported better-than-expected third-quarter results on Tuesday , but issued light fourth-quarter guidance.

The company also announced a $500 million stock repurchase program.

The number of Snapchat+ paying subscribers is now at 12 million , the company said.

In September , Snap debuted the fifth generation of its Spectacles augmented reality glasses.

VR Score

86

Informative language

89

Neutral language

83

Article tone

semi-formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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