Flashpop/DigitalVision via Getty Images Shares of social media company Snap (NYSE:SNAP) tanked 27% after the company's second fiscal quarter earnings report. Snap collapsed because of a relatively small revenue miss and a weak outlook for the third-quarter, but the market reaction seems widely out of proportion given the overall solid nature of Snap's earnings report. Snap is making solid progress in growing its paid subscription service Snapchat+ and the social media company remained widely EBITDA-profitab ...