Snap stock drops on Q4 earnings

02/08/2024 03:53
Snap stock drops on Q4 earnings

Shares of Snap Inc. (SNAP) fell sharply Wednesday, after the Snapchat parent reported disappointing fourth-quarter results, weighed down by missed revenue estimates and disappointing guidance. The showing highlights the ongoing struggles for Snap as it tries to compete with larger rivals in the digital advertising market. Yahoo Finance's Julie Hyman and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

Shares of Snap Inc. (SNAP) fell sharply Wednesday, after the Snapchat parent reported disappointing fourth-quarter results, weighed down by missed revenue estimates and disappointing guidance. The showing highlights the ongoing struggles for Snap as it tries to compete with larger rivals in the digital advertising market.

Yahoo Finance's Julie Hyman and Josh Lipton break down the details.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Angel Smith

Read more --->