Snap plunges 30% on revenue miss and light guidance, as company says Middle East war creates ‘headwind’

(CNBC) Snap has struggled to rebound from the downturn in the digital ad market and has now reported six straight quarters of single-digit growth or sales declines. For the fourth quarter, revenue rose about 5% year over year to $1.36 billion from $1.3 billion a year earlier.

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