Meanwhile, the company, which operates in the shadow of much bigger social media players such as Facebook and Alphabet, reported revenues of $208 million, off from the $236 million that analysts had been expecting. ![]() ![]() That was after Snap reported a much bigger-than-expected loss of $443 million in the recently ended quarter. The millennial tech mogul lost more than $560 million of his wealth in the past 48 hours, as shares of the social media company tumbled more than 18% since the start of Tuesday. ![]() This has been a bad week for Snap, the maker of the popular instant messaging and photo app Snapchat - and an even worse one for the company's 27-year-old co-founder and CEO Evan Spiegel.
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