Author: Noah Kirsch / Source: Forbes Donald Trump Supporter Peter Thiel Apologizes For Past Book Comments On Rape The net worths of Snapc
Donald Trump Supporter Peter Thiel Apologizes For Past Book Comments On Rape
During its inaugural day trading on the New York Stock Exchange, in March, investors sent shares of Snap flying more than 40% above its initial public offering price of $17 per share. The company’s first earnings report, released at the close of normal trading on Wednesday afternoon, doused cold water on any remaining fervor.
In the first quarter of 2017, Snap—the parent company to social media heavyweight Snapchat—posted revenue of $149.6 million, 6% below analyst estimates. The business also suffered a net loss…