crack Shares of the social media company fell by more than a third on Friday morning Weakest quarterly sales growth ever That fueled fresh concerns about a slowdown in the digital-advertising industry.
Snap shares fell as much as 38% to a low of $1.14 in early New York trading, the lowest since the pandemic began in March 2020. The stock is on track for its second biggest daily percentage drop on record. Shares have fallen nearly 80 per cent this year.