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Snap's Stock Plummets Amid Revenue Miss and Dismal Outlook
Snap Inc. experienced a precipitous drop in its stock value, plummeting 35% in Wednesday morning trading following the release of its fiscal fourth-quarter earnings report. The social media company not only missed revenue expectations but also provided a less-than-optimistic financial outlook, exacerbating investor concerns over the company's recovery pace from a challenging advertising market in 2022. 
Snap Inc. experienced a precipitous drop in its stock value, plummeting 35% in Wednesday morning trading following the release of its fiscal fourth-quarter earnings report. The social media company not only missed revenue expectations but also provided a less-than-optimistic financial outlook, exacerbating investor concerns over the company's recovery pace from a challenging advertising market in 2022. -
Snap Share Prices Dropped Nearly 30% After It Said It Will Miss Earnings Targets
In an internal email, Snap CEO Evan Spiegel said the company is unlikely to hit its revenue and earnings targets for the current quarter. In an internal email, Snap CEO Evan Spiegel said the company is unlikely to hit its revenue and earnings targets for the current quarter. -
Snap Announces New AR Technology And Buying Experiences
Users will be able to enjoy the best of AR fashion and try-on experiences from designers. Users will be able to enjoy the best of AR fashion and try-on experiences from designers. -
Snap Reports First Quarterly Net Profit, Shares Surge
Snap's stock price surged by more than 62% after it reported its first-ever quarterly net profit. Snap's stock price surged by more than 62% after it reported its first-ever quarterly net profit. -
Snap Stock Drops As It Reports Worse-Than-Expected Earnings
Snap's stock fell by more than 25% in after-hours trading Thursday following the release of its latest quarterly earnings. Snap's stock fell by more than 25% in after-hours trading Thursday following the release of its latest quarterly earnings. -
USDA Launches Pilot Program Allowing SNAP Users To Buy Groceries Online
The US Department of Agriculture has launched a new pilot program that will allow federal aid recipients to use their SNAP benefits to shop for groceries online. 
The US Department of Agriculture has launched a new pilot program that will allow federal aid recipients to use their SNAP benefits to shop for groceries online.
