Snap Inc. (NYSE: SNAP), the parent company of Snapchat, experienced a significant stock decline of over 19% following the release of its second-quarter guidance, which fell short of analysts’ expectations. While Snap’s second-quarter results exceeded analysts’ estimates, the company’s forecast for the current period disappointed. Overall sales for Q2 decreased by 4% compared to the … Continue reading Snap Plummets Following Disappointing Forecast