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Wall Street Joins Hedge Funds in the ‘Sell Snap’ Bandwagon
Snap's shares are down 37 percent this year through September 12.
Wall Street is all but throwing in the towel on Snap, once a favorite among the Tiger Cubs and other hedge funds.Shares of the social media company fell 7 percent on September 12 to close at $9.20 after BTIG recommended that investors “sell” the Snapchat parent. The bank cut its
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