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 Weiter zum vollständigen Artikel bei MotleyFool