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Good Works II Acquisition Corp. (NASDAQ:GWIIW) Short Interest Down 95.9% in February
Q3 revenue and Q4 guidance fell short of expectations, and Snap plummeted 21% before the market
Glonghui, October 22|Snap (SNAP.US) plummeted 21% to $59.25 before the market, and its market capitalization will drop to 95 billion US dollars. According to the company's financial report, third-quarter revenue increased 57% year-on-year to 1.07 billion US dollars, lower than market expectations, with a net loss of 72 million US dollars for the third quarter. Meanwhile, revenue for the fourth quarter is expected to be 1.17 billion to 1.21 billion US dollars, higher than 911 million US dollars in the same period last year, but lower than analysts' expectations of 1.36 billion US dollars. Snap CEO says iPhone's privacy settings have more impact on Snap's advertising business
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