Snap misses quarterly revenue estimates, shares sink

Snap misses quarterly revenue estimates, shares sink

4 years ago
Anonymous $-riAjkQg_1

https://www.reuters.com/article/us-snap-results/snap-misses-quarterly-revenue-estimates-shares-sink-idUSKBN1ZY2PM

Snap Inc missed Wall Street estimates for fourth quarter revenue on Tuesday as it faced tough competition from digital advertising giants Google and Facebook, sending its shares down 12%.