Snap sinks on Wall Street, -35% with disappointing quarterly - Breaking news

2024-02-07T20:13:14.900Z

Highlights: Snap sinks on Wall Street, -35% with disappointing quarterly. Revenues rising by 5% to 1.36 billion dollars, below analysts' expectations. Losses fell to 248 million from 288 million in the same period of the previous year. (HANDLE) . Snap, the company that owns Snapchat, is in sharp decline on Wall St where its shares drop by 35%. The disappointing quarterly results weighed heavily, with revenues rising by 1.2 billion dollars.

Snap, the company that owns Snapchat, is in sharp decline on Wall Street where its shares lose 35%. The disappointing quarterly results weighed heavily, with revenues rising by 5% to 1.36 billion dollars, below analysts' expectations. (HANDLE)