Snap Inc. shares plunge 11% in after-hours trading on slowing user growth
SNAP Snap Inc
$5.05 +1.81%
View chart & analysis → - 1Snap recorded 495,000,000 daily active users (DAUs) for the period ending September 30.
- 2Snap achieved $1,720,000,000 in revenue for the quarter ending September, marking a 14% year-over-year revenue growth rate.
- 3Snap shares fell 11% in after-hours trading on Wednesday.
So what's the key point?
Snap's daily active users reached 495,000,000. Following this news, the stock price dropped 11% in after-hours trading.
Source Stocktwits +4 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.