SNAP SHARES TUMBLE FOR SECOND DAY IN A ROW

Shares of Snapchat parent company Snap plunged for the second consecutive day after an initial surge last week. During its first two days of trading, starting last Thursday, shares of Snap jumped 59%. Monday, the sell- off began, with Snap closing down 12%. Tuesday, shares were down nearly 10%. Snap is trading at $ 21.44.