Snap stock falls as alleged CEO comments rile some on social media | Reuters

Snap stock falls as alleged CEO comments rile some on social media | Reuters

Snap stock falls as alleged CEO comments rile some on social media | Reuters

Shares of Snap (SNAP.N) fell 1.5 percent on Monday as the Snapchat owner faced criticism for comments allegedly made by its CEO about not prioritizing growth in India and Spain because they were ”poor” countries.The dip put Snap on track to close at its lowest level in nearly a month, a bad sign following its $3.4 billion public listing that was the hottest by a technology company in three years.Twitter users using the #boycottsnapchat hashtag called for uninstalling the Snapchat app after a legal document unsealed last week alleged that Snap Chief Executive Evan Spiegel in 2015 said he was uninterested in prioritizing growth in India and Spain because they were ”poor”.

Källa: Snap stock falls as alleged CEO comments rile some on social media | Reuters

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