Snap’s stock rises despite revenue shortfall amid ‘a challenging operating environment’
Snap Inc.’s stock gained in volatile after-hours trading Thursday despite quarterly revenue that didn’t meet Wall Street estimates. The company reported a first-quarter net loss of $359.6 million, or 22 cents a share, compared with a loss of $286.9 million, or 19 cents a share a year ago. Snap’s adjusted net loss was 2 cents … Read more