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Why Snap Stock Fell Hard Today

Why Snap Stock Fell Hard Today

Shares of Snap Inc. (NYSE: SNAP) were falling fast today on no company-specific news. Instead, the social media stock was tumbling in response to broader market declines as investors ramped up their fears of a potential recession. As a result, Snap's share price fell 6.5% as of 3:55 p.m. EST.