Snap's stock fell sharply after the company did not achieve the expected third-quarter revenue. The stock continued to fall by user growth not meeting expectations. The stock continued to fall following the release of third-quarter results. Sources including CNBC documented the decrease.
“Snap's stock fell sharply after the company did not achieve the expected third-quarter revenue,” — Lena Ostrowski, senior market analyst at Blackwell Worth Services, told our newsroom.
Timeline
Nov 3 — Snap's stock fell sharply after the company did not achieve the expected third-quarter revenue....
Nov 6 — Sources including CNBC documented the decrease....
This story has been closely followed by our readers since Nov 3. The Blackwell Worth Services desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 10.
Editor's note: this report was prepared by the Blackwell Worth Services desk and last updated 00:16 UTC.
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