Snap is the Picture of Receptionary Tech

crack painted acceptable a very serious big picture Thursday, but investors may want to study the finer details.

Later Warning at the end of May That deteriorating macroeconomic conditions will likely cause second-quarter results to fall below the low end of its guidance range — issued just a month ago — Snap said on Thursday, adding that revenue grew just 13% in the period ended June 30, The low end of its April forecast, down 7 percentage points.