Snapchat's stock dropped by 9% after the debut of its augmented reality glasses that cost $2,195
To reserve a pair users will have to put down a $200 deposit
Pennsylvania is suing Snapchat over how it handles age verification and teen safety.
The state says Snapchat is rated for users 13+, but younger users can still come across mature content involving drugs, alcohol, sex and profanity.
Pennsylvania also argues that features like Snapstreaks, infinite scrolling and paid engagement features can encourage teenagers to spend more time on the platform.
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