Snap sinks 15% after withholding guidance, citing ad concerns

Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California.  Joe Scarnici | Getty Images Entertainment | Getty Images Snap shares fell more than 15% Wednesday after the social media company withheld second-quarter guidance due to the uncertain macroeconomic environment. […]