Should Investors Consider Meta (META) or Snap's (SNAP) Stock After Q3 Earnings?
Snap(SNAP) ZACKS·2024-11-01 06:26
Reporting third-quarter results on Wednesday, Meta Platforms (META) and Snap (SNAP) were able to exceed top and bottom line expectations but saw their stocks dip more than -3% in today’s trading session.Snap shares initially rallied after its Q3 report with Meta continuing a post-earnings selloff on Thursday. Optimism for Snap came as its Snapchat application doubled the number of active users and advertisers from a year ago while Meta fell on concerns of increased spending. Meta’s Q3 ResultsAs the leader ...