Snapchat stock decline — CWEB.com
Today Snap Chat was down 25% in after-hours following the Huge $2.2 billion loss in first post-IPO quarter.
If it’s still down 25% when it opens tomorrow, you will have to seriously consider taking a bite to another minus 45% down.
Snap may have had a successful IPO, but that was pretty much wiped out after it reported its first-quarter earnings – where it completely whiffed on what Wall Street was expecting.
.https://cweb.com/2017/05/10/snap-inc-first-quarter-earnings-cweb-com/