Snap stock tanks 30% on Q4 earnings

Snap Inc (NYSE: SNAP) is crashing in extended hours on Tuesday after reporting disappointing revenue for its fiscal fourth quarter related partially to the ongoing Israel-Hamas war. Snap stock up on solid guidanceCopy link to sectionThe stock is being punished also because its management issued muted guidance for the future. Snap now expects revenue to fall between $1.095 billion and $1.135 billion in its current financial quarter. Analysts, in comparison, were at $1.117 billion. Evan Spiegel – the chief ex ...