Snap shares fall after Q3 revenue and daily user growth miss estimates

Snap stock declined after third-quarter results showed revenue and daily active user growth below estimates, with CNBC reporting shares fell over 10%. Barron's and Bloomberg coverage reported the same misses.

Timeline

1. 4 Nov, 21:20 UTCFirst appeared on Google Trends
2. 4 Nov, 21:20 UTCPicked up on News
3. 4 Nov, 21:20 UTCBloomberg reports daily user growth miss
4. 4 Nov, 21:20 UTCCNBC reports shares fall over 10%

Top sources

• snap stockGoogle Trends
• Snap (SNAP) Could Be 26% Undervalued Following Settlement And Q3 Earnings FocusYahoo Finance
• Snap Stock Falls Hard On Revenue MissBarron's
• Snap Declines After Daily User Growth Falls Short of EstimatesBloomberg