Yabba Dabba Downturn! Snap's Shares Take a Dino-Sized Dive!

Great Gazoo's Gone Global!

Yabba Dabba Doo! Fred Flinstone here reporting live from my ???????? (stone) office! Let me tell ya folks things are tougher than a brontosaurus burger these days! I heard about this Snap company – no not the kind Wilma uses to shut my mouth after one of my bowling losses – but this newfangled social media thing. Apparently their shares took a tumble like me after too many Slatequarry Double Rips after a hard days work! More than 14% down they went. Why? Well they say it's this 'macroeconomic environment'. Sounds like a fancy name for 'things are rocky' if you ask me!

Rock Bottom Revenue!

These Snap folks they’re saying their revenue is still growing but not as fast as they’d like. It’s like when I try to sneak a second rack of ribs at the Water Buffalo Lodge – I'm growing but Barney always catches me! They’re blaming it on those shifty macro conditions hurting advertising. Advertising eh? That's how Mr. Slate convinces folks to buy his rock breaking services. Must be those darn tariffs causing problems. President… uh… what’s his name’s plans are messin' with everyone's clams even these tech doohickey folks.

De Minimis... More Like De Monster!

Apparently there's this loophole closing up soon something about letting shipments in without those silly duties and tariffs. Its called de minimis! Now even *I* know that when you start messing with how things come and go folks get nervous! Their finance guy is blaming some of the problem on its closure or something like that!

9% Growth? Yabba Dabba Don't!

They did mention their ad revenue grew 9%. Nine percent! That's like… nine extra Barney Rubbles showing up to my house expecting dinner! It's not a lot when you're expecting a brontosaurus sized feast. They're trying to stay positive saying they're gaining users. Good for them! Maybe they can teach me how to use this 'Snap' thing to order a giant rack of ribs for dinner. Wilma would have a fit!

User Boom... Or Bust?

They added users alright but lost some in North America specifically 1 million less. Oh well! I didn't even know that they keep a running tally of people in North America! These Snap folks are getting smarter than that Great Gazoo with these fancy numbers! Who knows maybe they'll figure it all out. And if they don't? Yabba Dabba Doo they'll be joining me at the rock quarry!

Bedrock Bottom Line!

So what's the bottom line? Snap's shares are tumbling like a bowling ball down the lane thanks to rocky economic times and tariff troubles. Other social media dinos are feeling the heat too. Seems like everyone's worried about the future. But you know what I say? "Wilmaaaaa!" Things might be tough but as long as I got my family my friends and a giant slab of ribs I'll be just fine. Now if you'll excuse me I hear the Water Buffalo Lodge is having a special on bronto burgers tonight! Yabba Dabba Doo!