"Snapchat's ad platform not improving/evolving as quickly as expected, and competition from Instagram is rising" - MS
** "We have been wrong about SNAP's ability to innovate and improve its ad product this year" - MS analyst Brian Nowak
** MS says advertisers are struggling to create SNAP ads with adequate completion rates, while app download declines have accelerated
The lock-up period for early investors to sell their shares expires on July 29.
Submitted July 11, 2017 at 09:54AM by draperga http://ift.tt/2t9PJnn
