Twitter had the same problems. Profitability. Monetization. It held the $14 mark for months when everybody said it was going to drop to single digits. I become more and more confident that the same thing is happening here.
There comes a point where the market decides what the bottom is, and sometimes it's based on nothing. The $12 mark may be it for snap. For a huge red day overall, snap is holding up(and actually green. Take that as you will.
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