Another record low for Snap after 14% drop post earnings

TechCrunch
By Katie RoofAug 11, 2017, 4:20 pm133 pts
Snap, the Snapchat parent, has had a very difficult ride in the stock market since debuting in March. After pricing its IPO at $17 and then reaching highs of $27, the company has fallen to less than half that. After losing 14% of its value in a single day’s trading, Snap closed Friday at $11.83. The growing…

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