Digital ad sellers jump as Google, Reddit and Snap earnings indicate sturdy demand

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:Shares of online ad sellers surged on Wednesday as strong earnings from Google-parent Alphabet, Reddit and Snap signaled solid spending from brands ahead of the crucial holiday season. The three companies were set to add around $140 billion combined to their market capitalizations. Shares of Alphabet rose 6 per cent in premarket trading, while Reddit jumped 20 per cent and Snapchat-parent Snap climbed 10.6 per cent. The results also augur well for other ad-reliant companies such as Facebook-

Tag-uri: Facebook

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