Snap's earnings could provide positive developments to Meta, Google

Snap's shares traded at around $10 on Wednesday. The company's bleak outlook dragged down the shares that belong to Meta and Pinterest that also generate money from the sale of digital advertisements.

Snap's issues, like privacy issues that have been implemented on Apple Inc devices that have made it more difficult for marketers to gather information they collect, aren't unique to Snap. However, it faces the "added difficulty of being a tiny company," said Jasmine Enberg who is the principal analyst for Insider Intelligence.

ORIGINAL SOURCE LINK-- https://itworldblog01.blogspot.com/2023/03/snaps-earnings-could-provide-positive.html