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RSS FeedsSnap stock slides after analyst says the company is `quickly running out of money`
(LA Times Dodgers)

 
 

9 october 2018 18:34:06

 
Snap stock slides after analyst says the company is `quickly running out of money`
(LA Times Dodgers)
 


Snap Inc. stock slid more than 5% on Tuesday morning after an analyst said the Santa Monica company behind the Snapchat video-messaging app was `quickly running out of money` and may need to raise new funding next year. `Running Snapīs business has been a significant cash drain,` said the report...


 
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