Facebook and other internet stocks under pressure after Snap gloom
Facebook and other internet stocks under pressure after Snap gloom
Internet stocks were under pressure in premarket trading on Friday, dragged lower by Snap (SNAP), after the owner of social media app Snapchat said privacy changes imposed by Apple were weighing on digital advertising and would hurt the holiday quarter to come. Shares of Snap fell 20% in premarket trading slumping after results late Thursday. Other companies that rely on digital ads were under pressure in premarket trading, including Facebook (FB) down more than 3%, with Etsy (ETSY), Shopify, Stitch Fix and Pinterest all off by 1% or more.
-Barbara Kollmeyer
Internet stocks were under pressure in premarket trading on Friday, dragged lower by Snap (SNAP), after the owner of social media app Snapchat said privacy changes imposed by Apple were weighing on digital advertising and would hurt the holiday quarter to come. Shares of Snap fell 20% in premarket trading slumping after results late Thursday. Other companies that rely on digital ads were under pressure in premarket trading, including Facebook (FB) down more than 3%, with Etsy (ETSY), Shopify, Stitch Fix and Pinterest all off by 1% or more.
互聯網類股在週五盤前交易中承壓，受Snap(SNAP)拖累，此前社交媒體應用Snapchat的所有者表示，蘋果強加的隱私改革正在拖累數字廣告，並將損害即將到來的假日季度。Snap的股價在週四晚間公佈財報後的盤前交易中下跌了20%。其他依賴數字美國存托股份的公司在盤前交易中也面臨壓力，包括Facebook下跌超過3%，Etsy、Shopify、Sstich Fix和Pinterest都下跌1%或更多。
-Barbara Kollmeyer
--芭芭拉·科爾邁耶
譯文內容由第三人軟體翻譯。
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