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Social Media Stocks Slumped in Morning Trading, with Snap Falling 18% and Twitter Falling Nearly 6%

Tiger Newspress2022-02-03

Social Media Stocks Slumped in Morning Trading, with Snap Falling 18% and Twitter Falling Nearly 6%.

In Meta's report, the new focus on grouping application revenue into "Family of Apps" has actually slightly obscured the fact that the namesake Facebook app actually declined quarter-over-quarter in daily active users.

Earlier, Morgan Stanley dove into engagement data to find clues about which social media companies could leverage it for monetization.

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Comment47

  • MGOH
    ·2022-02-04
    Good 
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  • Alfred1007
    ·2022-02-04
    Who will expect snap's rise after meta announce its financial report yesterday?
    Reply
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  • time to eat
    ·2022-02-04
    Just buy
    Reply
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  • gnossor
    ·2022-02-04
    🙃
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  • BGTAN
    ·2022-02-04
    Ok
    Reply
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  • 陈河马
    ·2022-02-04
    Wow
    Reply
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  • Mushroom132
    ·2022-02-04
    Snap is back
    Reply
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  • Sunday128
    ·2022-02-04
    Like pls
    Reply
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  • kino318
    ·2022-02-04
    Like please
    Reply
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  • Aaronboy
    ·2022-02-04
    Like please
    Reply
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  • Kanyon
    ·2022-02-04
    Ok
    Reply
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  • ramius75
    ·2022-02-04
    😵‍💫😵‍💫
    Reply
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  • Cyberboyz
    ·2022-02-04
    Ok
    Reply
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  • IZLIN
    ·2022-02-04
    Reply
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  • Jehms
    ·2022-02-04
    Wooooh
    Reply
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  • yonglh
    ·2022-02-04
    Please like 
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  • xuero
    ·2022-02-04
    [Speechless] 
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  • HF133
    ·2022-02-04
    Ok
    Reply
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  • WJ77
    ·2022-02-04
    😭
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  • james_l
    ·2022-02-04
    Snap and pinterest had good earnings.
    Reply
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