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Snap and Twitter now have roughly the same market cap

Snap and Twitter now have roughly the same market cap
From TechCrunch - December 20, 2017

While we wont call this a huge watershed moment per se, something nominally interesting in the world of Weird Social Media Things happened this morning: Snap and Twitter are now worth the same based on their market caps.

With some small moves on both companies shares, both companies are now hovering around $18.7 billion in market cap. There are some extra mechanics that go into this, but its worth noting simply because its indicative of both the changing sentiment around Snap and Twitter. On the year, Twitters stock price is up around 50%, while Snapsstock price is down around 35% after it went public earlier this year.

Lets get to the charts! Heres Twitter first for the past year:

And heres Snap:

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