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> Snap Inc's stock prices fell around 4 percent later Thursday, wiping out nearly $800 million from its market value, reports CNN I don't believe that Rihanna'

> Snap Inc's stock prices fell around 4 percent later Thursday, wiping out nearly $800 million from its market value, reports CNN I don't believe that Rihanna's tweet caused $800 million worth of investors to change their mind. In fact, it only finished 1% lower on the day. SNAP stock is like any other: noisy.

philwelch 9y ago
Stock market reporting is generally a case study in “post hoc ergo propter hoc”.
geezerjay 9y ago
Furthermore, a variation of 4% hardly fits the definition of "sinking". This sort of militant journalism is getting out of hand.