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Today’s Research Reports on Stocks to Watch: Facebook and Snap

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / November 30, 2017 / Facebook shares closed down 4% yesterday but the company had some pretty good news announcing new features at its annual Social Good Forum in NYC. These are features that would essentially help people do good things. Snap Inc. closed up in the green modestly after announcing it has begun the redesign of its app.

RDI Initiates Coverage on:

Facebook, Inc.
http://www.rdinvesting.com/report/?ticker=FB

Snap Inc.
http://www.rdinvesting.com/report/?ticker=SNAP

Facebook, Inc. shares closed down 4% on Wednesday on nearly 42 million shares traded. At the company's second annual Social Good Forum in New York yesterday, the social media giant's CEO Mark Zuckerberg announced some new features. These features include allowing people to become mentors for children and signing up to donate blood. One of the more admirable and exciting features that he announced was that the company would no longer be charging transaction fees for donations that are made to nonprofits through its charitable giving program. Zuckerberg remarked, "So now, 100% of the money that people donate on Facebook is going to go to the causes they care about. And I know this is something that a lot of you have talked to us about for a while, so thank you for the feedback." He also said that Facebook would be making a $50 million annual donation to charitable causes on its platform.

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Access RDI's Facebook, Inc. Research Report at:
http://www.rdinvesting.com/report/?ticker=FB

Snap Inc. shares closed up a modest 0.66% on Wednesday with nearly 30 million shares traded. It was announced yesterday that the company has begun the algorithm-personalized redesign of its app. The new SnapChat will have all messages and stories from friends on the left of the camera while all premium publishers, pro social media stars and aggregated stories will be on the right. CEO Evan Spiegel also wrote yesterday morning, "We are separating the social from the media, and taking an important step forward towards strengthening our relationships with our friends and our relationships with the media." He also wrote, "Social media fueled "fake news" because content designed to be shared by friends is not necessarily content designed to deliver accurate information." The company will have all Discover content through human editorial review in order to eliminate disinformation.

Access RDI's Snap Inc. Research Report at:
http://www.rdinvesting.com/report/?ticker=SNAP

Our Actionable Research on Facebook, Inc. (NASDAQ: FB) and Snap Inc. (NYSE: SNAP) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com