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Revenue below expectations, Snap stock price drops by 30%

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On February 7th, it was reported that Snap's stock price plummeted by more than 30% after hours on Tuesday, with quarterly revenue growth lower than Wall Street's expectations. According to data released by Snap, the fourth quarter revenue was $1.361 billion, a year-on-year increase of 5%; The net loss was $248 million, compared to $288 million in the same period last year.
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