Why Snap Stock Fell Sharply on Tuesday
Shares of photo- and video-sharing social network Snap (NYSE: SNAP) were hit hard on Tuesday. The stock slid as much as 10.3%. As of 3:35 p.m. EDT, however, the stock was down 7.7%.
The stock's decline likely comes both because of weakness in growth stocks (like Snap) across the broader market and an analyst's move to reiterate a sell rating for Snap shares.
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Source Fool.com