Washington Post: Snap shares plummet as investors worry it’s not growing fast enough

Washington Post: Snap shares plummet as investors worry it’s not growing fast enough. “Investors sent the stock down 25 percent to $17.22 per share, after Snap reported a $2.2 billion loss; much of that comes from $2 billion in charges related to the company’s initial public offering. S&P Global Market Intelligence said last month that polled analysts don’t expect Snap to make a profit until at least 2019.”