Snap CFO Tim Stone resigns in 8 months; shares drop 8%
Tim Stone, Snap's Chief Financial Officer has resigned from the Snapchat parent within eight months of joining. Snap stock went down about 8% in after-hours trading on Tuesday. "Tim has made a big impact in his short time and we're very grateful for his hard work. Tim's transition is not related to any disagreement with us," CEO Evan Spiegel wrote.  