Friday, 24 March, 2023

Snap, Pinterest stocks soar after Facebook fears are allayed

<p>Both Snap and Pinterest&#39;s stocks had previously plummeted after Meta Platforms Inc., the parent company of Facebook, posted poor earnings. However, the latest data suggests that Snap and Pinterest were not hit as heavily. Snap, for example, benefited from AR technologies that marketers find appealing. Apple&#39;s changes haven&#39;t had a meaningful impact on sales at Pinterest, according to Pinterest CFO Todd Morgenfeld.<br /> &nbsp;</p>