Social Media Stumble: Snap Inc.’s Wall Street Slide


Five years ago, Snapchat was the app that radio industry air personalities sought to master. Today, Instagram and TikTok rule, with Pinterest and Facebook still key as Truth Social makes its debut with the support of U.S. President Donald Trump.

It now appears Apple’s privacy changes have made things worse for Snapchat parent Snap Inc. It missed Wall Street revenue estimates with its Q3 2021 results, resulting in a sharp drop in its share value on Friday.

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