Snap stock sinks as $2,195 Specs debut presses on AR gamble
Snap Inc. stock traded lower in premarket Wednesday. Shares slid nearly 10% yesterday, with investors still doubtful the new $2,195 augmented-reality glasses will pay off for Snapchat’s parent or just add more hardware losses. Snap was lately at $5.16, putting its market cap near $8.7 billion.
