2017-08-11
Wall Street Journal
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Snap reports Q2 revenue of $182M vs. $186.8M expected, DAUs grow 7.3M vs. 8M expected, reaching 173M, and loss grows to $443M; stock down 12%+
again Kurt Wagner / Recode : Snap added fewer users and made less money than Wall Street expected The Wrap : Snap Can't Bounce Back in Q2 as User Growth Slows, Stock Dives 5 Percent Janko Roettgers / ...
TechCrunch
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Snap CEO Evan Spiegel and co-founder Bobby Murphy say they won't sell any shares this year
Snap has an awful Q2 earnings report... but at least its dancing AR hot dog was viewed 1.5 billion times. To prove their confidence, co-founders Evan Spiegel and Bobby Murphy have agreed not to sell ...
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