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Why Snap Inc Stock Fell Thursday

TheMotleyFool

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Shares of social network company Snap (NYSE: SNAP) fell as much as 5.3% on Thursday. Shares finished the trading day down 4.1%.

The stock's decline on Thursday extends Snap's double-digit slide on Wednesday as bearish sentiment about the company's worse-than-expected third-quarter earnings release persists. In addition, an analyst downgrade from Morgan Stanley following the earnings release may have made matters worse.

Image source: Getty Images.

Source: Fool.com

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