Podknife - Why Snap's Stock Fell 43% in a Day by The Journal.

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Why Snap's Stock Fell 43% in a Day

Podcast |: The Journal.
Publisher |: Gimlet,; The Wall Street Journal
Media Type |: audio
Podknife tags |: Business,; Business News,; News & Politics
Categories Via RSS |: Business News,; Daily News,; News
Publication Date |: Jun 02, 2022
Episode Duration |: 00:17:15

Things were already tough for Snap, Snapchat's parent company, thanks to big changes in the ad market. Then last week the company made a surprise announcement: It's worse than we thought. WSJ’s Meghan Bobrowsky explains the reasons behind Snap’s stock tumble, and why it’s raising concerns about other tech companies too. Further Reading: - Tech Stocks Continue to Fall After Snap’s Profit Warning - Snap Plunges, And There Goes Social Media’s Online Ad Biz Learn more about your ad choices. Visit megaphone.fm/adchoices

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