Snapchat Faces Massive Whistleblower Lawsuit for Defrauding Investors

So, does Snap have a Snapchat-like functionality that erases key user metrics forever? Investors punished Snap following the company’s first financial report last week.  Citing weakening Snapchat daily active user growth, the company lost $2 billion for the first quarter of 2017.  In after-hours trading, the company’s stock valuation went down $6 billion. Rough week, […]

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