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Why Snapchat stock fell despite hitting 30 million subscribers

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Snapchat crossed a major subscriber milestone this week, yet investors reacted by sending shares sharply lower, highlighting a disconnect between one bright spot and a broader set of disappointing numbers. How Snapchat reached the 30 million subscriber mark Snap announced Wednesday that Snapchat has surpassed 30 million paid subscribers across its various premium offerings, the […]

The postWhy Snapchat stock fell despite hitting 30 million subscribersappeared first onRolling Out.

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