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Reddit shares fell 4% despite strong user growth; meanwhile, Meta Platforms shares dropped 0.34% to $663.31; Snap shares rose 1% to $5.88, boosted by an improving advertising market.
Reddit's stock fell 4% to $156.49 in Tuesday morning trading, despite its daily active unique users growing 18% year-over-year to 130.3 million, and revenue increasing 61% year-over-year to $805 milli
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Snap shares fell 7% to $5.52 after the Pennsylvania Attorney General filed a lawsuit over Snapchat's impact on children; Meta Platforms shares were largely flat after the company agreed to pay up to $16.7 billion to settle a social media addiction case involving teenagers across 29 states.
Pennsylvania Attorney General Dave Sunday filed a lawsuit Tuesday evening, accusing Snapchat of designing its platform to induce compulsive use among minors and putting children at risk with its "disa
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Snap stock jumps 10% in extended trading after Q2 earnings beat estimates and Q3 sales forecast topped expectations
Snap reported better-than-expected revenue and earnings for the second quarter, with adjusted earnings reaching $250 million against an estimated $192 million. The company also issued a strong forecas
-
Reddit shares fell 4% despite strong user growth; meanwhile, Meta Platforms shares dropped 0.34% to $663.31; Snap shares rose 1% to $5.88, boosted by an improving advertising market.
Reddit's stock fell 4% to $156.49 in Tuesday morning trading, despite its daily active unique users growing 18% year-over-year to 130.3 million, and revenue increasing 61% year-over-year to $805 milli
-
Snap shares fell 7% to $5.52 after the Pennsylvania Attorney General filed a lawsuit over Snapchat's impact on children; Meta Platforms shares were largely flat after the company agreed to pay up to $16.7 billion to settle a social media addiction case involving teenagers across 29 states.
Pennsylvania Attorney General Dave Sunday filed a lawsuit Tuesday evening, accusing Snapchat of designing its platform to induce compulsive use among minors and putting children at risk with its "disa
-
Snap stock jumps 10% in extended trading after Q2 earnings beat estimates and Q3 sales forecast topped expectations
Snap reported better-than-expected revenue and earnings for the second quarter, with adjusted earnings reaching $250 million against an estimated $192 million. The company also issued a strong forecas
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