On the fly News and insights, exclusive to thefly.com

SNAP

Snap

$67.44 /

+1.05 (+1.58%)

, VIVHY

Vivendi

$33.46 /

-1.02 (-2.96%)

09:46
06/24/21
06/24
09:46
06/24/21
09:46

Snap rallies after music, Lenses agreement with Universal Music Group

Vivendi's Universal Music Group and Snap (SNAP) announced an agreement that will allow Snapchat's users to incorporate UMG's catalog of recorded music and content into creative tools, including Sounds and augmented reality Lenses. Under the terms of the innovative multi-year agreement, UMG's entire recorded music catalog is available on a global basis in Snapchat's Sounds tool, including Search and curated Playlists. UMG is additionally developing augmented reality music Lens content featuring the company's artists that will be regularly available in Snap's Lens Carousel and Lens Studio, with the opportunity to feature merchandise launches and e-commerce experiences. Shares of Snap are up 3%, or $1.72, to $68.09 in early trading.

SNAP

Snap

$67.44 /

+1.05 (+1.58%)

VIVHY

Vivendi

$33.46 /

-1.02 (-2.96%)

SNAP Snap
$67.44 /

+1.05 (+1.58%)

06/02/21 Cowen
Poshmark pent up demand for apparel should bode well, says Cowen
05/21/21 Piper Sandler
Snap remains top pick in social advertising at Piper Sandler
05/10/21 Citi
Snap price target lowered to $42 from $47 at Citi
05/04/21 Citi
Snap price target raised to $47 from $40 at Citi
VIVHY Vivendi
$33.46 /

-1.02 (-2.96%)

06/01/21
Fly Intel: Top five analyst downgrades
06/01/21 Bernstein
Vivendi downgraded to Market Perform from Outperform at Bernstein
05/14/21 Credit Suisse
Vivendi price target lowered to EUR 32.20 from EUR 32.40 at Credit Suisse
04/23/21 Barclays
Vivendi price target raised to EUR 32 from EUR 31 at Barclays

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.