Snap Inc CEO Evan Spiegel says that Facebook should have copied Snapchat's 'data protection practises also'
He later added that the social networking giant could have also adopted their data protection practises.
Twenty-first Century Fox, Facebook, Twitter, and Snap were not immediately available to comment outside regular U.S. business hours.
snapchat's new 'Paperclips' feature is designed to let you add links to a Snap.
Dipping below an IPO price is seen on Wall Street as a setback to be avoided by chief executives and their underwriters, but it is not uncommon for Silicon Valley companies whose market listings have been hyped to investors.
The Indian hackers said that there was a vulnerability in Snapchat's database last year revealing details of 1.7 million users.