Snap (SNAP) reported third-quarter results late Thursday, falling short on revenue estimates but beating on earnings. Still, Snap stock is still plunging.
The social media company reported an adjusted loss of 8 cents a share on revenue of $1.13 billion. Analysts expected Snap to post a loss of 24 cents on revenue of $1.14 billion.
Snap stock fell 24% to nearly 8.15 in after-hours trading on stock market today.
Than to follow.
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