Snapchat's Redesign Shows Desperate Times Call for Desperate Measures
Snap Inc. (NYSE: SNAP) has only been around since 2011 and has only been public since this past March, but its stock is already becoming a cautionary tale.
The company, built around a popular social-media app, recently reported another round of disappointing earnings as it becomes an example of what can happen when a giant like Facebook (NASDAQ: FB) suddenly steps into the ring.
Snap went through a big redesign this month after announcing another round of disappointing earnings.
Source: Fool.com
