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Snap falls after cutting revenue forecast, slowing hiring

May 24, 2022 9:55 AM

SAN FRANCISCO (BLOOMBERG) – Snap cut its revenue and profit forecasts below the low end of its previous guidance, sending shares plunging as much as 31 per cent and pushing other social media stocks down.

Source : https://www.straitstimes.com/business/companies-markets/snap-falls-after-cutting-revenue-forecast-slowing-hiring

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