|Bid||9.13 x 0|
|Ask||9.16 x 0|
|Day's Range||9.01 - 9.14|
|52 Week Range||7.50 - 48.49|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 01, 2023 - Feb 06, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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From Salesforce and Beyond Meat to Snap, Lyft, and Robinhood, big names across a number of sectors have announced major layoffs this fall.
Management wants workers back in at least three days a week; the rank and file want to continue working from home. Something has to give.
Shares of Snap Inc. (NYSE: SNAP) were falling fast today on no company-specific news. Instead, the social media stock was tumbling in response to broader market declines as investors ramped up their fears of a potential recession. As a result, Snap's share price fell 6.5% as of 3:55 p.m. EST.