Snap Inc's shares plummeted 35.3% due to earnings falling short of analyst expectations in Q4.

The company experienced slower revenue growth and underperformed in the digital ad sector compared to giants like Alphabet and Meta.

Despite user growth, Snap did not achieve a GAAP profit, with key financial metrics such as adjusted EBITDA and earnings per share declining.

High share-based compensation costs persist, and while Q1 guidance suggests some improvement, investor confidence is shaky.

Snap was notably absent from The Motley Fool Stock Advisor's top 10 recommended stocks, reflecting skepticism about its future performance.

Snap's stock price decreased further to $11.99, a 31.3% drop as other companies also faced pre-market trading losses.

Some analysts maintain a positive outlook for Snap's potential rebound in 2024, even as the Fear & Greed Index indicates market 'Greed' and the Dow rises.