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Snap Stock Drops 8% as the Earnings Bounce Turns Into a Selloff – Here’s Why
By Trader Edge at 2026-10-04 11:57
Sentiment: Positive
TLDR Snap stock jumped 15% after Q2 earnings then reversed, now down around 10% from its post-earnings high Q2 revenue came in at $1.60 billion, up 18.9% year over year, beating the $1.54 billion estimate North American daily active users fell 7% year over year, a key concern for ad revenue growth Zacks downgraded SNAP [...] The post Snap Stock Drops 8% as the Earnings Bounce Turns Into a Selloff – Here’s Why appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central