Snap Still Isn't Meeting Wall Street's Expectations
8 days ago - By Hypebeast
With news of stock prices falling below its IPO back in July and the decision to bar the company from joining the S&P 500 Index earlier this month, it's safe to say that Snap isn't enjoying the best run of financial luck at present. And, reporting its second quarterly earnings as a publicly traded company on August 9, things don't seem to be looking up all that far: while the company has managed to grow its user base and its revenue, the pace of both has disappointed Snap's investors - as have widening losses - a dip in confidence which has also come with a further dip in share price...
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