3 Terrible Reasons to Buy Snap Inc.

Snap Inc. (NYSE: SNAP) has been one the most talked-about tech IPOs of this year -- but that hasn't necessarily been a great thing. The company has faced rumors of dwindling advertiser interest, has felt lots of competitive pressure from Facebook's (NASDAQ: FB) Instagram, and has seen its stock price plummet about 40% since it went public.

But perhaps all of that bad news isn't enough to keep you away from being enticed by Snap and it's trendy Snapchat app. If you're considering buying shares of Snap, or adding to your position, then let me at least go through three reasons you shouldn't be considering a Snap investment right now.

Image source: Getty Images.

Source: Fool.com