Snap shares climbed 14% on Tuesday after activist investor Irenic suggested changes to boost the stock's value 7x, such as cutting staff by 21% and ending Specs (Lola Murti/CNBC)

Lola Murti / CNBC : Snap shares climbed 14% on Tuesday after activist investor Irenic suggested changes to boost the stock's value 7x, such as cutting staff by 21% and ending Specs —  Shares of Snap climbed 14% Tuesday after shareholder Irenic Capital Management sent a letter to CEO Evan Spiegel outlining changes …

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