Some analysts say the company’s weaker outlook suggests macroeconomic pressures on ad spending, while others say Snap had aggressive expectations. Read More...
Motley Fool
With Both Down More Than 40%, Should Investors Buy Meta Platforms or Netflix?
What’s more, Russia’s invasion of Ukraine has slowed down the global supply chain, impacting companies around the world. Year to date, the S&P 500 has drawn back nearly 20%, and the Nasdaq Composite has retreated even further, plunging almost 30%. Two well-known tech stocks, Meta Platforms (formerly Facebook) (NASDAQ: FB) and Netflix (NASDAQ: NFLX), have not been spared from the sell-off party.
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