Snap tumbles 12% on day three, erases gains

Snapchat parent Snap Inc. debuted on the stock market Thursday and immediately saw substantial gains on its first two days. But the excitement has already worn off, with shares tumbling more than 12 percent on day three.
Read more: https://techcrunch.com/2017/03/06/snap-tumbles-9-on-day-three/?source=Snapzu