Skip to main content

InvestorNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Featured in Analysis Report

Meta’s (NASDAQ: META) Instagram was featured in a recent analysis report that discussed a fairly dramatic shift in consumer’s usage of shoppable content by platform over the last month. “Consumers are engaging with shoppable content more and more on Instagram (META) and TikTok (private), while seemingly abandoning direct shopping on Snapchat (SNAP),” reads the report, written by LikeFolio Founder Andy Swan. The piece goes on to further discuss recent performance of META as compared to Snap Inc.’s (NYSE: SNAP) platform. “Of course, a change over the course of one month does not make a trend… but the timing of this shift could not be worse for Snapchat, as it looks like Facebook’s Instagram platform is once again ready to eat its lunch. We’ll continue to monitor this developing trend as we enter the holiday shopping season… and of course, LikeFolio members will be the first to know when we spot an actionable opportunity!”

About Meta Platforms Inc.

Meta Platforms operates as a social technology company. The company builds applications and technologies that help people connect, find communities and grow businesses. Meta Platforms is also involved in advertisements and augmented and virtual reality.

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.