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Snap Shares Tank Following IPO

Sunday, May 14 2017
News
Written by  CMO Tech News

The share price of Snapchat owner Snap Inc. dropped approximately 23% in a single day after the company’s first earnings report following its initial public offering. So reports Reuters.

During the report, the company’s management said Snapchat experienced slower user growth and disappointing revenue.

Read the full article from Reuters.

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