Why Is Snap (SNAP) Down 8% Since Last Earnings Report?

A month has gone by since the last earnings report for Snap (SNAP) . Shares have lost about 8% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Snap due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Snap Beats on Q3 Earnings & Revenues, Announces Buyback, Stock UpSna ...