Snap's excuses don't add up as Meta and Google continue to thrive

Snap Inc.’s disappointing quarterly results and forecast, combined with one repeated excuse, don’t add up when compared to stronger results from other companies also reliant on internet ads, like Meta Platforms and Alphabet.On Tuesday, Snap SNAP, +4.18% reported a revenue miss for the fourth quarter, and gave a disappointing outlook for the first quarter, including a much wider Ebitda loss than Wall Street was expecting. Its shares plunged 32.4% in after-hours trading, with the news coming a day after Snap ...