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Snap Stock Hits All Time Low

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Snap tumbled below $8 per share on Thursday to the lowest level on record. Shares have been under pressure since the social-media company said on August 7 that its number of daily active users fell for the first time. Competitive pressure from Instagram will cause Snap to lose another 1 million daily active users in the third quarter, said Evercore ISI's Anthony DiClemente.

Added on the 04/10/2018 13:45:03 - Copyright : Wochit

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