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Snap Inc. (SNAP) Is Down Sharply After Wider Than Expected Q2 Loss

Snap Inc. (SNAP) reported a second quarter non-GAAP loss of $0.16 per share after the close Thursday, compared to the loss of $0.13 per share last year. Street expectations were for a loss of $0.15 per share.

Snap has gapped open sharply lower Friday morning and is now down 1.73 at $12.04. The stock is testing the lower end of a 2 1/2 week trading range at the lows of the year.

by RTTNews Staff Writer

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