Snap’s Stock Plummets After Unveiling $1,000 AR Glasses: Is Augmented Reality Dead on Arrival?
A Thousand-Dollar Mistake Wall Street didn’t just flinch—it recoiled. Within hours of Snap Inc.’s unveil event for its latest augmented reality glasses, the company’s stock nosedived, shedding billions in market value as investors scrambled to exit. The culprit? A jaw-dropping price tag: $1,000 for a pair of AR spectacles that many argue aren’t worth double…