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September 01, 2020 1:41pm
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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...
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