Meta, Snap Enjoy Wall Street Surge as TikTok Ban Looms
Snapchat parent Snap Inc. and Meta, which owns Instagram and Facebook, saw their recent Wall Street hot streak continue Monday, as tech companies including Google-owned YouTube stand to benefit the most from TikTok’s looming ban set for Jan. 19.
By midday Monday, Snap’s stock was up 3.4% to $12.38 per share. Those gains added to Snap’s recent run, with the company, led by CEO Evan Spiegel, seeing its stock price jump 15% in the past week.
Snap’s last week on Wall Street, via...
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