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Snapchat slapped: $6bn wiped off value as shares collapse — RT Business

Accepted submission by MrPlow at 2017-05-12 11:15:40
/dev/random

Submitted via IRC for TheMightyBuzzard

Shares in Snapchat’s parent company Snap Inc. have plummeted in value by almost a quarter – to the tune of $6 billion. The drop comes after the first earnings report since the company went public showed a slowdown in user growth and revenue.

Source: https://www.rt.com/business/387951-snapchat-shares-value-drop/ [rt.com]


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