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WKN DE: A1JWVX / ISIN: US30303M1027

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07.08.2024 12:10:00

Better Social Media Stock: Meta Platforms vs. Snap

Shares of Meta Platforms (NASDAQ: META) and Snap (NYSE: SNAP) went in opposite directions after their latest earnings reports. Meta's stock rose 5% on Aug. 1 after its second-quarter report easily cleared analysts' estimates on the top and bottom lines. Snap's stock plunged 16% on the same day as its fourth-quarter revenue landed below analysts' expectations and its adjusted earnings merely matched the consensus forecast.Over the past three years, Meta's stock has risen nearly 40% as Snap's stock plunged more than 80%. So will the social media leader continue to crush the struggling underdog?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Aktien in diesem Artikel

Meta Platforms (ex Facebook) 479,50 -1,57% Meta Platforms (ex Facebook)
Snap Inc. (Snapchat) 7,03 -10,40% Snap Inc. (Snapchat)