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Spooked investors send Snap shares spiraling

The brass at Snap kept talking about “early days” after announcing disappointing results, but investors reacted as if the end was near. see also Silicon Valley preps for a potential flood of Snap shares Our Silicon Valley spies are all atwitter over Snap and... Shares of Snapchat’s corporate parent plunged more than 17 percent in after-hours trading on Thursday, to about $11.40 per share, after the company reported a wider-than-expected loss on disappointing sales and user growth. That left the fledgling stock more than 60 percent lower than its high of $29.44 per s ...