Will Snap hit $24 in the next four months? Options traders say it’s a coin flip

Investors who have lost money in Snap shouldn’t look to the options market for comfort. Over the next few months, Snap shares have only a 50 percent chance of so much as touching the $24 level at which they began trading a few weeks ago, based on an options...

Cheerios maker General Mills’ sales miss estimates

Food maker General Mills reported a bigger-than-expected 5.2 percent fall in quarterly sales on Tuesday, hurt by weak sales of yogurt and baking products in the United States, its biggest market. The maker of Cheerios breakfast cereal said net sales slipped to $3.79...