Here Is How Facebook's Instagram Causes Trouble for Snap, Jim Cramer Explains
Instagram vs. Snapchat.
Facebook's (FB) - Get Report Instagram could cause trouble for Snap (SNAP) - Get Report , the parent of Snapchat, which saw shares fall below its IPO price, according to TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer.
Cramer cited a Morgan Stanley note saying Instagram is going after Snap's bread and butter.
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