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Snap shares plunge 14% on revenue, earnings miss

Snap Inc. shares plunged 14% after the company’s fourth-quarter earnings fell short of Wall Street estimates on Tuesday, momentarily blunting a year-long financial bounce-back. Advertising led the way for Snap SNAP, -11.93%   to record revenue of $ 561 million, vs. expectations of $ 563 million from analysts polled by FactSet. …

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