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…
This article was originally published by Marketwatch.com. Read the original article here.
