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Snap Inc Snapping?
Manage episode 195198363 series 1913309
Kandungan disediakan oleh Roshan Kanesan. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Roshan Kanesan atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
Things really aren’t looking great for Snap Inc right now. The stock, already down almost 50% from its high in March, has been pummelled in after-hours trading, diving roughly 16% as it missed Wall Street's expectations for quarter with lackluster results . Slowing user growth under mounting pressure from Instagram, disappointing numbers generated from their first piece of hardware, Spectacles, and multiple rounds of layoffs so far, does not paint a pretty snapshot of the company's future. And this isn’t something that will disappear after 24 hours.
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