Category Crypto

Snap Stock Wipes Out Its Earnings-Day Rally After a Revenue Miss

Snap Inc. (SNAP) stock fell 11.46% after hours on Wednesday, dropping to $5.24 from its $5.92 close. The Snapchat parent posted a profit and guided above estimates, but missed on revenue and daily users. The after-hours slide erased a 5.81% gain from the regular session,…