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Meta, Snap Enjoy Wall Street Surge as TikTok Ban Looms

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Stock prices for Snapchat and Instagram’s parent companies have jumped as chief competitor TikTok approaches its ban date Snapchat parent Snap Inc. and Meta, which owns Instagram and Facebook, saw their recent Wall Street hot streak continue Monday, as tech companies including Google-owned YouTube stand to benefit the most from TikTok’s looming ban set for Jan. 19. By midday Monday, Snap’s stock was up 3.4% to $12.38 per share. Those gains added to Snap’s recent run, with the company, led by

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Meta, Snap Enjoy Wall Street Surge as TikTok Ban Looms https://www.thewrap.com/ - 06.01.2025 18:18

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Meta, Snap Enjoy Wall Street Surge as TikTok Ban Looms https://www.thewrap.com/ - 06.01.2025 18:18
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