Snap stock falls nearly 25% after revenue hit by shrinking advertiser budgets
By Catherine Thorbecke, CNN Business Snap’s bad year continues. Snap on Thursday reported revenue of $1.13 billion for the three months ending in September, a slight 6% increase from the year prior and less than Wall Street had expected, as the company confronts tightening advertiser budgets in an uncertain economy. In a letter to investors,
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