How Snapchat’s Redesign Caused a Downgrade of Snap Stock
- By :
- Category : Snapchat
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.