Max Chen / ETF Trends
Snap Ad Warning Deals a Blow to Social Media, Internet ETFs – Snap Inc. (NasdaqGS: SNAP) shares plunged Tuesday, dragging down social media and internet sector-related exchange traded funds after the social platform announced a surprise second-quarter miss that highlighted a sharp decline in online advertising revenue. Snap Inc. shares declined 43.1% on Monday. In a surprise announcement, Snap Inc. said revenue …
