Why Snap Inc Stock Slipped Today
- By :
- Category : Snapchat
Shares of Snap Inc (NYSE:SNAP) were falling after the social media company said over the weekend that it would cut 7% of its workforce, or about 200 employees. A research firm also reiterated its "Sell" rating as the Snapchat-parent struggles to build a profitable business. As of 11:38 a.m. EDT, the …