How Snapchat’s Redesign Caused a Downgrade of Snap Stock
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- Category : Snapchat
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Due to the overwhelmingly negative reception the Snapchat has gotten this month, Citi analysts have downgraded parent company Snap Inc.'s stock rating. Just when the publicly-traded company found a way to grow its potential user rate, its stock rating dropped from “Neutral” to “Sell” on Tuesday.