SNAP Stock Hits Over 1-Month Low Amid SPECS Backlash — Meta Unveils Cheaper Glasses And Musk Fuels AI FOMO

Shares of Snap, Inc. (SNAP) closed at their lowest level in over a month on Wednesday as CEO Evan Spiegel’s promotion of the company’s $2,195 SPECS glasses drew criticism from investors, hours before Meta unveiled a wider lineup of lower-priced eyewear and Elon Musk amplified a report of rising Gro…