Snapchat stocks fall 40% after profit warning issued
Snap shares were trading at $13.3, lower than their 2017 IPO price of $17.
A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiting for Snap Inc. to post their IPO, in New York City, New York, US on March 2, 2017.(photo credit: REUTERS/LUCAS JACKSON/FILE PHOTO)Updated: 
