SNAP - Why Snap Pinterest Shares Are Rising Thursday | Benzinga
Social-media stocks including Snap Inc (NYSE:SNAP) and Pinterest Inc (NYSE: PINS) are trading higher in Thursday’s after-hours session following strong fourth-quarter results from social media giant Meta Platforms (NASDAQ:META).
What Happened With META: Meta beat analyst estimates on both the top and bottom line, reporting revenues of $40.11 billion and earnings per share of $5.33.
Family daily actives came in at 3.19 billion, up 8% year-over-year. Facebook daily actives totaled 2.11 billion, up 6% year-over-year.
Ad impressions delivered in the fourth quarter were up 2% year-over-year. Full-year ad ...