The Snap Inc. Snapchat application is displayed in the App Store on an Apple Inc. iPhone in an arranged photograph taken in Tiskilwa, Illinois, U.S. (Photographer: Daniel Acker/Bloomberg)

Snap Post-Earnings Rally Sticks Short Sellers With $166 Million Loss

(Bloomberg) -- A rally in the shares of Snap Inc. after better-than-expected financial results is adding up to more pain this year for short sellers.

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