Zuckerberg Says 70 Million Users Have Signed Up On Threads As Of Friday Morning
Portfolio Pulse from Benzinga Newsdesk
Mark Zuckerberg, CEO of Meta Platforms Inc., announced that 70 million users have signed up on Threads as of Friday morning.
July 07, 2023 | 3:54 pm
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POSITIVE IMPACT
Meta Platforms Inc. sees a surge in user sign-ups on Threads, with 70 million users as of Friday morning.
The announcement of 70 million sign-ups on Threads indicates a positive user response to the platform. This could potentially increase user engagement and ad revenues for Meta Platforms Inc., positively impacting the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100