CNBC Fast Money Halftime Report July 13, 2017
Snap has beaten up the social media stock. Scott devitt is injoing us by phone. Welcome back. Thank you for having me. This is a heavy call. People expected the stock to move lower why today with this move the lockup expiration i think is more and more internet cops have become public over the past five, six, seven years. Investors have become more educated on timing and pricing in the incremental supply and snap has been responding to the upcoming lockup expiration for some time now. But its important to note that its not just about the lockup operation. There has to be a fundamental story be...