During the report, the company’s management said Snapchat experienced slower user growth and disappointing revenue.
Estimated reading time: 0 minutes, 15 seconds
Estimated reading time: 0 minutes, 15 seconds
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.