Snap Posts Less Than Expected Loss, Shares Up By 1%

The owner of the application Snapchat, Snap, was able to beat analyst predictions, raising stock by around 11%. However, detailed analysis of the earnings report led to most of its stock rally falling, to close at just 1% above opening price. Although Snapchat was able to mitigate it losses to less than predictions in Q1,… Continue reading Snap Posts Less Than Expected Loss, Shares Up By 1%