Snapchat's Redesign Shows Desperate Times Call for Desperate Measures

Snapchat's Redesign Shows Desperate Times Call for Desperate Measures

Snap Inc. (NYSE: SNAP) has only been around since 2011 and has only been public since this past March, but its stock is already becoming a cautionary tale. 

The company, built around a popular social-media app, recently reported another round of disappointing earnings as it becomes an example of what can happen when a giant like Facebook (NASDAQ: FB) suddenly steps into the ring. 

Snap went through a big redesign this month after announcing another round of disappointing earnings.

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Source: Fool.com