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Snap Sets off Alarm Bells in Ad-Reliant Social Media Sector

(Reuters) - Snap Inc shares sank nearly 30 per cent in premarket trading on Friday, after the company's forecast of zero revenue pointed to more pain ahead for a social media sector heavily dependant on digital advertising.YouTube-parent Alphabet Inc, Facebook-parent Meta Platform Inc and Pinte ...
Snap Sets off Alarm Bells in Ad-Reliant Social Media Sector

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  • SMLim
    ·2022-10-23
    [Miser]
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