Snapchat takes another hit on Wall Street

News of heavy losses at Snapchat’s parent company, Snap Inc, saw shares plummeting by more than 16%Dancing hot dogs were not enough to save Snapchat from another Wall Street pounding on Thursday. Losses at Snapchat’s parent company have nearly quadrupled in the last three months, the company announced, sending the social media company’s shares to a new low in after hours trading.Snap Inc lost $443m in the second quarter. The company paid out $242m in stock based payments and as