Snap shares lose all of their 2023 gains as its AI fails to impress
Briefly

Snapchat's parent company might be banking on artificial intelligence as the future of the company, but today's investors are a lot more interested in the here and now.Snap shares nosedived Thursday after the company released its first quarter earnings.The stock was down 20% in after-hours trading as of 5 p.m. ET, erasing all of its gains for the year to date.
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