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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.

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Source Fool.com

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