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.
互联网类股在周五盘前交易中承压，受Snap(SNAP)拖累，此前社交媒体应用Snapchat的所有者表示，苹果强加的隐私改革正在拖累数字广告，并将损害即将到来的假日季度。Snap的股价在周四晚间公布财报后的盘前交易中下跌了20%。其他依赖数字美国存托股份的公司在盘前交易中也面临压力，包括Facebook下跌超过3%，Etsy、Shopify、Sstich Fix和Pinterest都下跌1%或更多。
-Barbara Kollmeyer
--芭芭拉·科尔迈耶
译文内容由第三方软件翻译。
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