Snap shares fell 30% in after-hours trading Monday after the company warned investors of slowed growth in the months ahead.
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$SNAP has had a history of violent earnings reactions. Perhaps they wanted to get ahead of this one by lowering guidance and soften the blow amidst all the other front-burner stories the market is focused on. Unfortunately, it does not appear that strategy worked too well (if this were the case). This has been yet another disastrous bag I've held onto from highs now into the abyss..

Jensen Butler

Snap tumbles 30%

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