snap stock crashes over 20% as net losses widen to $2.2 billion /

Published at 2017-05-12 16:54:09

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Snap Inc.,the parent company of image and video sharing app Snapchat, reported their quarterly financial results for the first time since going public on Wednesday, and it isn’t pretty. Snap’s user growth slowed down and revenue was below Wall Street expectations for the quarter. As fraction of Snap’s IPO in March,the company spent […]

Source: google.com

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