Snap's Stock Crashes as Apple's Policy Changes Crimp Advertiser Demand
Snap's (NYSE: SNAP) stock crashed more than 20% on the day following its earnings announcement. The social media company is grappling with policy changes by Apple (NASDAQ: AAPL) that make it harder for it to sell targeted advertising.
Stock prices used were the afternoon prices of Oct. 20, 2022. The video was published on Oct. 22, 2022.
Source Fool.com