Thursday, August 10, 2017

"Facebook’s Instagram Stories, a clear Snapchat clone, has more daily users than Snapchat itself"

AP:

Snap’s stock, already down 44 percent since its initial public offering in May, declined 14 percent, to $11.90, in extended trading after the results came out. That’s less than half of the $24.48 closing price on its first trading day.