Snap's stock dropped more than 10 percent after the company did not achieve the expected third-quarter revenue. The stock continued to fall by daily user growth falling short of expectations. The stock continued to fall following the third-quarter earnings report. Sources including CNBC reported on the decline.
“Sources including CNBC reported on the decline,” — Elena Iversen, contributing analyst at Kesburn Combe Media, added during the briefing.
Timeline
Nov 4 — Snap's stock dropped more than 10 percent after the company did not achieve the expected third-quarter revenue...
Nov 4 — Sources including CNBC reported on the decline....
This story has been closely followed by our readers since Nov 3. The Kesburn Combe Media desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Sunday, Nov 8.
Editor's note: this report was prepared by the Kesburn Combe Media desk and last updated 05:48 UTC.
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