Key takeaways from Snap’s Q1 earnings, with stock slipping

Snapchat Parent Snap Begins Trading On New York Stock Exchange

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Snap stock (NYSE:SNAP) slid 14% in immediate after-hours trading after the company posted an unexpected loss despite topping revenue expectations, and the company became the latest to omit guidance amid an uncertain macroeconomic environment.

Revenue grew 14% year-over-year to $1.36B, topping analyst consensus

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