Advertisement
Canada markets close in 1 hour 20 minutes
  • S&P/TSX

    21,749.74
    +41.30 (+0.19%)
     
  • S&P 500

    4,961.28
    -49.84 (-0.99%)
     
  • DOW

    37,884.17
    +108.79 (+0.29%)
     
  • CAD/USD

    0.7269
    +0.0006 (+0.08%)
     
  • CRUDE OIL

    83.00
    +0.27 (+0.33%)
     
  • Bitcoin CAD

    88,451.58
    +1,902.09 (+2.20%)
     
  • CMC Crypto 200

    1,383.86
    +71.24 (+5.43%)
     
  • GOLD FUTURES

    2,409.50
    +11.50 (+0.48%)
     
  • RUSSELL 2000

    1,940.92
    -2.04 (-0.11%)
     
  • 10-Yr Bond

    4.6190
    -0.0280 (-0.60%)
     
  • NASDAQ

    15,272.34
    -329.16 (-2.11%)
     
  • VOLATILITY

    18.64
    +0.64 (+3.56%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • CAD/EUR

    0.6825
    +0.0004 (+0.06%)
     

Snap Stock Crashed 20% After Earnings; Was the Fall Justified?

Snap Stock Crashed 20% After Earnings; Was the Fall Justified?

Snap (NYSE: SNAP) reported a year-over-year decrease in revenue in its latest earnings report. Finance professor and Fool.com contributor Parkev Tatevosian elaborates on the severity of Snap's stock price decline following the financial release.