Snap's Q2 revenue in line with expectations, but shares are moving slightly down

Snap earnings are out. Julia Borson has the numbers. Hi, Julia.>> Hey, Morgan. Snap revenues basically in line with expectations at$ 1.34% billion dollars, but we see the stock is stock is plummeting now down about 15% this after the company reported a gap loss of 16 cents per share. That is not comparable to analyst expectations, but adjusted IBIDA of $41 million that shows a miss of the street account estimate of $53 million.The company's daily active users grew 2 million faster than anticipated to end at ...