Snap shows ad market’s nightmare ‘becoming a reality’

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Wednesday, May 25, 2022

Today’s newsletter is by Brian Cheung, an anchor and reporter covering the Fed, economics, and banking for Yahoo Finance. You can follow him on Twitter @bcheungz.

Snapchat (SNAP) had its worst day ever on Tuesday.

Shares of the company fell 43% after messaging to shareholders that the “macroeconomic environment” would…

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