Snap stock down 24% on weak earnings, ad revenue slump

Snap, the parent company of Snapchat, has seen its stock tumble 20% in after-hours trading after reporting first-quarter earnings Thursday. The company missed Wall Street revenue estimates of $1 billion, closing out the quarter with $989 million. That’s down 7% from the same period last year, and it represents the first time since Snap went […] Snap stock down 24% on weak earnings, ad revenue slump by Rebecca Bellan originally published on TechCrunch...