Things really aren’t looking great for Snap Inc right now. The stock, already down almost 50% from its high in March, has been pummelled in after-hours trading, diving roughly 16% as it missed Wall Street's expectations for quarter with lackluster results .Slowing user growth under mounting pressure from Instagram, disappointing numbers generated from their first piece of hardware, Spectacles, and multiple rounds of layoffs so far, does not paint a pretty snapshot of the company's future.And this isn’t something that will disappear after 24 hours.