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Snapchat parent company sees shares surge as improved ad system pays off

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Snapchat parent company sees shares surge as improved ad system pays off


Shares in the owner of Snapchat surged 21% during after-hours trading after the social media group beat Wall Street’s expectations for quarterly revenue and user growth. Improvements to Snap’s advertising system are delivering results faster than anticipated, the company said. Daily active users…

#santamonica #metaplatforms #facebookandinstagram #evanspiegel #ussenate #bytedance #tiktok

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