From Stocktwits: 2025-01-16 22:24:10

Snap stock fell 5.24% amid uncertainty over TikTok ban and FTC complaint regarding AI chatbot. FTC referred complaint to DOJ, citing risks to young users. Snap faced backlash in the past over app use for purchasing fentanyl-laced pills. Stock sentiment turned ‘bearish’ on Stocktwits, with high message volume. Some investors skeptical of TikTok ban materializing. Snap stock dropped 36% in 2024, to release Q4 results on Feb. 4. Stay updated by emailing newsroom[at]stocktwits[dot]com.

Sources:
– https://stocktwits.com/news-articles/markets/equity/snap-leads-social-media-sell-off-on-reports-trump-is-exploring-options-to-keep-tiktok/chGtwVbRnW
– https://stocktwits.com/symbol/SNAP
– https://www.ftc.gov/system/files/ftc_gov/pdf/commission-statement-snap.pdf
– https://stocktwits.com/news-articles/markets/equity/apple-stock-slumps-to-2-month-low-on-negative-china-tidings/chGMT9kRnn



Read more at Stocktwits: Snap Stock Plunges On FTC Escalating AI Chatbot Complaint To DOJ, TikTok Ban Uncertainty: Retail Mood Deflates