Snap says TikTok uncertainty benefited its business
Portfolio Pulse from
Snap Inc. reported that uncertainty surrounding TikTok's future has positively impacted its business, as stated by CEO Evan Spiegel during the fourth-quarter earnings call.
February 04, 2025 | 11:45 pm
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Snap Inc. has experienced a positive impact on its business due to the uncertainty surrounding TikTok's future, as mentioned by CEO Evan Spiegel during the Q4 earnings call.
The CEO's statement during the earnings call indicates that Snap is benefiting from the uncertainty around TikTok, which could lead to increased user engagement or advertising revenue for Snap. This is likely to positively influence Snap's stock price in the short term.
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