Snapchat loses 2M more users but shares pop 8% as business improves

Snapchat continued to shrink in Q3 2018 but its business is steadily improving. Snapchat’s daily active user count shrank again by 1 percent to 186 million, down from 188M and a negatve 1.5 percent growth rate in Q2, though user count is still up 5 percent year-over-year. Snapchat earned $298 million in revenue with an …

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