Social media stocks set to erase US$100B on snap warning - BNN

Social media stocks lost about US$165 billion in market value Tuesday after Snap Inc.’s profit warning, adding to woes for a sector that is already reeling from stalling user growth and rate-hike fears.

Social media stocks lost about US$165 billion in market value Tuesday after Snap Inc.s profit warning, adding to woes for a sector that is already reeling from stalling user growth and rate-hike fear… [+2806 chars]

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