Snap Daily Active Users Jump 14% To 397 Million In Q2; Losses Narrow, But Weak Forecast Tanks Stock

Snap Daily Active Users Jump 14% To 397 Million In Q2; Losses Narrow, But Weak Forecast Tanks Stock

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Snap’s daily active users jumped 14% year-on-year for the second quarter, the platform said today, to 397 million even as revenue dipped in a tough ad market and with little visibility ahead. “We are excited by the progress we have made delivering increased return on investment for our advertising…

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