Snapchat just teased a major redesign

Snap really isn’t looking so hot to Wall Street, and so they’re making some radical changes. 

“One thing that we have heard over the years is that Snapchat is difficult to understand or hard to use, and our team has been working on responding to this feedback. As a result, we are currently redesigning our application to make it easier to use,” Snap CEO Evan Spiegel said in a statement Tuesday. 

Snap stock fell more than 20 percent in after-hours trading after the company announced yet another disappointing quarterly earnings. Snap missed analysts expectations on revenue and daily active user growth, the two most important metrics for Wall Street.  Read more…

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