Missouri Republican Senator Josh Hawley announced on Tuesday that he would introduce a bill seeking to implement a nationwide ban on the social media app TikTok, reported Fox Business. Other publicly traded companies in the social space include Meta Platforms (META), Pinterest (PINS), Snap (SNAP) and Alphabet (GOOG, GOOGL). Reference Link
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SNAP:
- MKM Partners cuts Pinterest to Neutral, sees balanced risk-reward
- JPMorgan calls out Meta as top pick ahead of earnings from online ads group
- #SocialStocks: Meta fights scraping, Twitter interest payments coming due
- Snap downgraded to Mixed from Positive view at OTR Global
- Snap downgraded to Market Perform from Outperform at JMP Securities