Snap Inc (SNAP) is trading -35% lower at $10.675 today.

SNAP Q2 earnings disappointed the already-lowered consensus analyst expectations. Q2 revenue came in at $1.11 billion, just missing the $1.14 billion estimate. While the company beat on daily active user estimates, Snap had already lowered guidance so falling short of even that was a surprise to The Street. 

Snap Inc has been trading between a 52-week high of $83.34 and a 52-week low of $10.51. The stock has a market cap of $15.9 Billion.

Snap Inc. is a camera company. Snap believes that reinventing the camera represents its greatest opportunity to improve the way people live and communicate.

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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Smcmaho2 - 41 upvotes - source
Weird that GME and Snap had their stock split on the same day...

bizkut - 31 upvotes - source
What content are you watching on Snap? I literally only watch what my friends post. The whole section below is garbage. It's ads + additional ads, lol

chuck_portis - 29 upvotes - source
Somewhere out there, a sad shmuck came home to his wife and announced he'd bought the company all the kids are using. SNAP is the ticker. He paid $81 a share. His wife thought wow, this loser finally took a gamble. Maybe he's actually turning things around.

Zachincool - 25 upvotes - source
Holy fuck my snap puts are gonna be worth so much at open

Rachman_Dunivy - 23 upvotes - source
do you 'member when all other social media crashed and snap rocketed 50%+ a day after ? i 'member

ThatsAHugeLoadOfBS - 22 upvotes - source
SNAP truly is some hot garbage.

oarabbus - 21 upvotes - source
Both Instagram and tiktok have far less invasive ads. Snap is a zombie company

Significant-Worth-75 - 19 upvotes - source
Imagine buying snap at 80 bucks

orteg3940 - 19 upvotes - source
Sold TSLA calls and went all in SNAP calls at close 🎪🤡

heathermyllz - 19 upvotes - source
Going on a buying spree this morning I’m about to own 8% of SNAP