Snap stock gets downgraded again: Blame Apple and TikTok (Clint Rainey/Fast Company)

Clint Rainey / Fast Company
Snap stock gets downgraded again: Blame Apple and TikTok – Analysts and Wedbush noted that Snapchat and TikTok compete for the same younger demographics. Shares of Snap, the parent company of Snapchat, tumbled to a new low Monday after the company was downgraded by another group of investment analystsWedbushs this time. They cut shares from an outperform rating to a …

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