Snap is trading at a 3-month low (SNAP)

Snap shares were trading near 3-month lows on Tuesday. 
Snap beat on both the top and bottom lines in the second quarter, but admitted its daily active users dropped.
Watch Snap trade in real-time here.
Snap shares were trading at their lowest level since May 31 on Tuesday, touching an intraday low of $11.19 — just $0.67 above the record low set on May 17.
Earlier this month, the social-media company  reported a loss of $0.27 a share on revenue of $262 million in t