Previous Close | 0.4200 |
Open | 0.5100 |
Bid | 0.4200 |
Ask | 0.4300 |
Strike | 18.00 |
Expire Date | 2023-07-21 |
Day's Range | 0.4200 - 0.5100 |
Contract Range | N/A |
Volume | |
Open Interest | 950 |
Evercore ISI Senior Managing Director & Head of Internet Research Mark Mahaney joins Yahoo Finance Live to discuss what a potential TikTok ban means for social media stocks and other platforms, including Instagram, Facebook, Snapchat, and YouTube.
TikTok is one of the world's most popular social media platforms, but it's also controversial because it's owned by the Chinese tech giant ByteDance. Its critics claim that as long as ByteDance is subservient to the Chinese government, TikTok can be used as a powerful tool for gathering data on its overseas users and swaying public opinion. Three years ago, the Trump administration proposed to either ban TikTok or force it to sell its U.S. subsidiary to an American company.
The Yahoo Finance Live team discusses the jump in Snap stock after the company unveiled a new AR business unit.