Snapchat Drops 14% After 3rd Disappointing Earnings Report in a Row: Time to Cut Losses?

By |2023-12-07T21:03:21+00:00February 1st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , |

Snapchat (SNAP) reported their 4th quarter earnings for 2022 yesterday, and once again came in under expectations. It appears the rumors of growing headwinds we discussed back in December of last year are proving to be true. SNAP reported an EPS of 14 cents which outperformed the expectation of 11 cents - but the [...]