Spooked investors send Snap shares spiraling

The brass at Snap kept talking about “early days” after announcing disappointing results, but investors reacted as if the end was near. Shares of Snapchat’s corporate parent plunged more than 17 percent in after-hours trading on Thursday, to about $ 11.40 per share, after the company reported a wider-than-expected loss on disappointing sales and user growth….

Full Story Via Business | New York Post

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