Snap's stock performance echoed slides in Facebook and Twitter after they posted debut scorecards following their IPOs.
Snap Inc shares plunged after the owner of Snapchat reported slowing user growth and revenue in its first earnings report as a public company, missing some Wall Street estimates as it competes with copycat messaging apps.
Shares tumbled 23% in after-hours trading to wipe some US$6bil (RM26.1bil) from Snap's market value, a reversal for the company after a red-hot March initial public offering that was the biggest for a US tech company since Facebook Inc's 2012 debut.
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