Snap Falls After Cutting Revenue Forecast, Slowing Hiring
- Date: 24-May-2022
- Source: Yahoo News
- Sector:Economy
- Country:Middle East
Snap Falls After Cutting Revenue Forecast, Slowing Hiring
(Bloomberg) -- Snap Inc. cut its revenue and profit forecasts below the low end of its previous guidance, sending shares plunging as much as 31% and pushing other social media stocks down.
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