Shares of Snap (NYSE: SNAP), the parent of Snapchat, were getting torched once again today as the company fell well short of analyst estimates in its fourth-quarter earnings report. Revenue growth was sluggish as the company failed to capitalize on a broader recovery in the digital advertising industry.

As of 11:23 a.m. ET, the stock was down 35.3% on the news.

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Source Fool.com