Snapchat loses 2 mn users in Q3 as shares reach new low
Snapchat's parent Snap reported a decline in the photo-sharing app's daily active users (DAUs) by 2 million to 186 million from the previous quarter. Following the decline, the company's shares fell over 11% in after-hours trading on Thursday. Snapchat had lost 2% DAUs during the April-June period due to disruption caused by the app's redesign. 