Mr Jain has a highly skilled 20-member investment team who 'interrogated' people in the Adani ecosystem and they concluded the core operations of Adani Group were solid, according to Financial Times. He is looking at a five-year time horizon to reap benefits. "The craziness part is mostly coming from the public relations risk," Mr Jain told Financial Times, explaining why he is not worried about his investments in Adani Group, which is spread across four of its listed companies. Positive dynamics for Snap shares will prevail with possible volatility of 5.947. The parent of Snapchat said its advertising. That move took him into the spotlight - someone who went against the tide amid a highly volatile global economic situation. (SNAP) Analyst Ratings, Estimates & Forecasts - Yahoo Finance U.S. Snap stock plunged Friday after the social-networking firm posted disappointing revenue growth and guidance that fell shy of estimates on Thursday. Key Executives Trending Stocks TSLA Tesla, Inc. The firm is headquartered in Venice, California. Data by YCharts I previously covered the stock in March, when I rated it a strong buy. Mr Jain invested $1.9 billion in Adani Group last month, despite the stock rout following the Hindenburg report. Snap generates nearly all its revenue from advertising with 70 coming from North America. SNAP Stock Price SNAP peaked above 80 per share but has somehow fallen 85 down to around 12 per share. SNAP Price Action: Snap has traded as high as 83.34 and as low. He told Financial Times he was not concerned about the US short seller's report on Adani as companies in emerging markets tend to have certain traits that may make some investors uneasy. JMP Securities analyst Andrew Boone maintained Snap with a Market Outperform rating and lowered the price target from 94 to 82. "Physical assets, regular assets, monopolistic assets - those are hard to replicate," said the owner of the Florida-based firm.
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