Snap Inc. Shares Drop By 20% Amid Weak Q1 Earnings
Snap Inc, the parent company of Snapchat, has reported weak first-quarter earnings that sent its stock spiraling. Snap’s shares plunged by almost 20% percent at one point, marking their biggest drop in six months.
Snap struggled to drive up advertisement demand, facing the same problem...
Snap Inc. Shares Down 39% After Second-Quarter Misses
Snap Inc. had a brutal end of the week, seeing its shares dive 39% on Friday. This was a result of disappointing second-quarter earnings that saw the company miss on earnings per share (EPS) and revenue.
According to Snap's Q2 report, the social media company...