Snapchat developer’s profit warning sends social media stocks tumbling - The Guardian


5/24/2022 12:00:00 AM2 years 11 months ago
by Alex Hern

Snap Inc’s shares fall nearly 40% in early trading as fears grow over global downturn

A profit warning from Snapchats developer has sent the companys shares crashing nearly 40% in early trading, triggering the latest in a series of stock market routs that has wiped billions from the v… [+2546 chars]

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