Advertising demand isn't strong enough to boost its monetization rates.Shares of Snapchat's parent company Snap (SNAP -1.04%) lost 29.9% of their value during August, according to data provided by S&P Global Market Intelligence. And the whole drop happened on Aug. 2, the day after it reported financial results for the second quarter (Q2) of 2024.Snap's Q2 revenue was up 16% year over year to over $1.2 billion, which would have been good enough to satisfy investors. But the company thinks that its Q3 revenue ...