Snap falls after Wedbush analyst downgrades stock, says shares are getting too expensive
https://www.cnbc.com/2019/04/18/snap-shares-fall-after-wedbush-analyst-downgrade.html
Shares of Snap fell more than 3% in the premarket Thursday after an analyst at Wedbush Securities downgraded the social media company amid valuation concerns.
Analyst Michael Pachter cut his Snap rating to neutral from outperform.