Snap: Bellwether online ad stock drops 16% in tough conditions

John Leonard
clock • 2 min read
Snap: Bellwether online ad stock drops 16% in tough conditions: Image source Snap
Image:

Snap: Bellwether online ad stock drops 16% in tough conditions: Image source Snap

Although the online ad slump may be bottoming out says CEO Evan Spiegel

Snap shares dropped 16% on Tuesday after the company told investors it expects revenues to drop by between 2% and 10% in the current quarter, as it restructures to deal with the weak economy, Apple...

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