Snap's Ad Business Is Growing Just 4% — And Even Its CEO Says That's Not Good Enough
Snap stock plunged nearly 9% after a marginal revenue miss and slowing ad growth overshadowed an earnings beat and strong user growth.
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Why It Matters
Snap's ad business is growing very slowly at just 4% per year. Even the company's leader says this speed is too slow for success.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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