Snap's stock cratered Wednesday after a bad earnings report, falling nearly to its IPO price.
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Snap is back within cents of its IPO price
Snap is hovering right above $17 after falling 24% after its earnings.
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After-hours, the stock is hovering just above $17, down 24% after Snap's revenue and daily active user growth missed Wall Street expectations.
Here are the key numbers from Snaps Q1 earnings:
- EPS (adjusted):
- Revenue:
- Daily active users:
- 36% from 122 million in the year-ago period
- Net loss:
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