How Snapchat's Redesign Caused a Downgrade of Snap Stock

Due to the overwhelmingly negative reception the Snapchat has gotten this month, Citi analysts have downgraded parent company Snap Inc.’s stock rating.

Just when the publicly-traded company found a way to grow its potential user rate, its stock rating dropped from “Neutral” to “Sell” on Tuesday. What this basically means is that the company’s shares aren’t stable to invest in at the moment, due to the abundant one star reviews that Snapchat has gotten on the redesign.

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