[khazhoux]

> Snap Inc's stock prices fell around 4 percent later Thursday, wiping out nearly $800 million from its market value, reports CNN

I don't believe that Rihanna's tweet caused $800 million worth of investors to change their mind. In fact, it only finished 1% lower on the day.

SNAP stock is like any other: noisy.

[philwelch]

Stock market reporting is generally a case study in “post hoc ergo propter hoc”.

[geezerjay]

Furthermore, a variation of 4% hardly fits the definition of "sinking".

This sort of militant journalism is getting out of hand.