Snap shares are trading lower after the company's MyAI chatbot experienced an outage and had posted stories for some users.
Portfolio Pulse from Benzinga Newsdesk
Snap Inc.'s MyAI chatbot experienced an outage, causing it to post stories for some users. This has led to a decrease in the company's share price.
August 16, 2023 | 5:02 pm
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NEGATIVE IMPACT
Snap's share price is trading lower due to an outage in its MyAI chatbot, which posted stories for some users.
The outage in Snap's MyAI chatbot, a key product feature, has negatively impacted user experience, leading to a decrease in the company's share price. This indicates that the market is sensitive to the company's product performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100