Snap (NYSE: SNAP) owns a top social media platform, Snapchat. But the stock can be dangerous to own, particularly when earnings come out.
Large, double-digit declines in price aren’t uncommon as the tech company’s business has continued to disappoint investors over the years. On Feb. 1, the day after the company released its year-end results, the stock again fell by more than 10%.
It doesn’t take long to figure out what’s wrong with the business and why investors are often bearish. Here are three charts that help summarize the problems with the stock.
Source Fool.com
