SNAPCHAT’S GROWTH STALLS IN FACEBOOK’S SHADOW; STOCK PLUNGES
Facebook’s shadow continues to hang over Snapchat as its parent company reported disappointing numbers.
Snap Inc., best known for disappearing messages even though it has evolved to become much more, had a massive loss and saw user growth continue to slow down in the first three months of the year. Its revenue was below Wall Street’s expectations in its first quarterly earnings since its initial public offering of stock.
Snapchat has tried to become more like its bigger rival - at least when it comes to
