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Why Meta Platforms, Roku, and Pinterest Stocks Crashed Friday Morning

Snap (NYSE: SNAP) released disappointing financial results after the market close on Thursday, reporting that advertisers are reining in spending as a result of the rapidly deteriorating economic landscape. Pinterest (NYSE: PINS) was among those hardest hit today, with shares down roughly 6.4%. Shares of Roku (NASDAQ: ROKU) and Meta Platforms (NASDAQ: META) also took a hit, falling 3.3% and 1.2%, respectively, on the day. Read More...

Snap (NYSE: SNAP) released disappointing financial results after the market close on Thursday, reporting that advertisers are reining in spending as a result of the rapidly deteriorating economic landscape. Pinterest (NYSE: PINS) was among those hardest hit today, with shares down roughly 6.4%. Shares of Roku (NASDAQ: ROKU) and Meta Platforms (NASDAQ: META) also took a hit, falling 3.3% and 1.2%, respectively, on the day.

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