
Snap Inc. (NYSE:SNAP) shares tumbled over 14% in after-hours trading after the company reported second-quarter results on Tuesday and CEO Evan Spiegel addressed a slowdown in U.S. user engagement and a shift in how people interact on Snapchat.

Snap Inc. (NYSE:SNAP) shares tumbled over 14% in after-hours trading after the company reported second-quarter results on Tuesday and CEO Evan Spiegel addressed a slowdown in U.S. user engagement and a shift in how people interact on Snapchat.