This is where the market is the economy - Batnick
"... because they're using their stock as currency to pay employees."
"... in specific parts of the economy." - Josh Brown. In tech, not the housing market in Okl. Will be felt in housing, spending, and tax receipts in Cali.
Snapchat's stock options paid to employees are now 40% underwater.
Stock is down 75% from highs, down like 40% from IPO.