Snap's stock plummets 30% on revenue miss, weak guidance

Snap Inc.’s stock plunged more than 30% in extended trading Tuesday after the social-media company reported a revenue miss and offered weak guidance — a day after announcing yet more deep job cuts.The results come a week after Facebook parent Meta Platforms Inc. META, -1.02% and Google parent GOOGL, +0.29% GOOG, +0.33% Alphabet Inc. racked up unusually brawny digital-ad sales.Snap logged a net loss of $248.2 million, or 15 cents a share, compared with net income of $288.5 million, or 18 cents a share, in th ...