Snap Inc. on Thursday said its loss nearly quadrupled to $443 million in the second quarter on slowing revenue and user growth, hurt by intensifying competition from larger rival Facebook Inc. Shares dropped.
WSJ.com: US Business, Wall Street Journal: Business
Thu, 08/10/2017 - 2:19pm
Snap Inc. on Thursday said its loss nearly quadrupled to $443 million in the second quarter on slowing revenue and user growth, hurt by intensifying competition from larger rival Facebook Inc. Shares dropped.