Snap Sets Off Alarm Bells 

  • Facebook-parent Meta Platforms Inc and Pinterest Inc fell between 2 percent and 7 percent. Twitter Inc slid 3 percent, also dragged by fears of security reviews of billionaire Elon Musk’s takeover bid.
  • Analysts rushed to cut their price target on Snap, with Morgan Stanley taking it to a Wall Street low of $7.
  • In early trading, the stock hit its lowest since early 2019.
Click to read full article Go back home

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.