
Snap Inc (NYSE:SNAP) shares are trading higher Tuesday, but the stock has fallen nearly 75% since the start of the year — what's going on?
Snap shares have trended lower with the overall market in 2022 amid geopolitical tensions and inflation concerns. The Federal Reserve is in the midst of what is expected to be its most aggressive tightening cycle in more than 40 years as the central bank attempts to tame runaway inflation.