Shares of Snapchat's parent fell more than 14% in after-hours trading after it said sales this quarter are likely to drop
Snapchat’s parent company is struggling to revive growth with the digital advertising market in upheavalNoam Galai/Getty Images for Snap Inc.Snap Inc. warned sales in the current quarter are likely to drop after revenue growth stalled in the final three months of last year, illustrating the difficult market conditions social-media companies are having to navigate.
The Snapchat parent said it generated $1.3 billion in sales in the fourth quarter, roughly flat from the year-earlier period and broadly in line with Wall Street’s expectations. The growth figure was the lowest for Snap since
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Indian shares snap losing streak as key Adani stocks cap lossesIndian shares struggled for direction in a volatile session on Monday, ahead of the Union budget, as select Adani stocks arrested the slide after a short-seller attack on group companies triggered a sell-off over the previous two sessions
Lire la suite »
Buy A Space Heater On Sale Before The Arctic Snap Sets InSpace heaters from Pelonis and Dreo are up to 30% off on Amazon.
Lire la suite »
Stocks close lower, Dow sheds more than 250 points to snap six-day win streakStocks traded lower Monday, pausing a January rally as investors braced for the busiest week of earnings season and a possible interest rate hike from the Federal Reserve. The Dow fell 0.77%. The S&P 500 dropped 1.30%. The Nasdaq tumbled 1.96%.
Lire la suite »
Central Pa. can expect gray Tuesday morning, with possibly slippery driving during early commuteOverall, the week looks nice, with a brief cold snap expected over the weekend.
Lire la suite »