Bloomberg Technology

Snap Sees Slowest Sales Growth Ever

Snap Inc. reported its slowest quarterly sales growth ever, saying that a decline in advertising spending continues to drag on results. Shares plunged more than 20% in late trading. Mandeep Singh of Bloomberg Intelligence is on “Bloomberg Markets: The Close.”

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Snap Inc. reported its slowest quarterly sales growth ever, saying that a decline in advertising spending continues to drag on results. Shares plunged more than 20% in late trading. Mandeep Singh of Bloomberg Intelligence is on “Bloomberg Markets: The Close.”

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