Snap stock down over 13% on worst sales growth yet in holiday quarter


Snap Inc. stumbled through another bleak quarter to end 2022 and executives refused to provide guidance Tuesday, sending shares sliding.

In a potential barometer of what’s to come from advertising-dependent internet companies, Snap SNAP on Tuesday posted a loss of more than a quarter-billion dollars in the holiday quarter and declined to provide a forecast for the current quarter, which is likely to rattle investors in Meta Platforms Inc. META and Alphabet Inc.’s GOOGL GOOG Google, both of which report financial results later…

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