SNAP SHARES DROPS MORE THAN 10%

Highlights

• Revenue increased at 44% from the year prior
• It is adding users and planning to grow its business

Snapchat is currently adding users and growing its business in an extremely competitive market. However, this reason may not be enough to pacify investors after a year of a ban on wall street.

On Tuesday, shares of Snapchat's parent company, Snap stocks d....