Snap nosedives 11% after its CFO unexpectedly resigns less than one year into his job

Snap nosedives 11% after its CFO unexpectedly resigns less than one year into his job

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/01/16/snap-nosedives-after-cfo-resigns-less-than-one-year-on-the-job.html

Snap shares plummeted more than 11 percent in premarket trading Wednesday following the company's announcement Tuesday that its chief financial officer is resigning after less than a year on the job.

Snap disclosed CFO Tim Stone's resignation in an SEC filing Tuesday, saying he "has confirmed that this transition is not related to any disagreement with us on any matter relating to our accounting, strategy, management, operations, policies, regulatory matters, or practices (financial or otherwise)."

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