Snap slides below $15 for the first time (SNAP)

Snap is trading lower again on Tuesday.
The ephemeral messaging company broke below $15 a share for the first time in early trading Tuesday, continuing its recent losing streak. Shares fell 1.35% to trade at $14.93 on, an all-time intraday low.
Snap saw a number of downgrades from major investors around the time it broke below its initial public offering price of $17 earlier this month.
Morgan Stanley, one of Snap's underwriters, downgraded the stock last week and cut its price target