Ad Tech Stocks Lose Billions, Valuations Decline On Snap's Warning
- by Laurie Sullivan @lauriesullivan, October 22, 2021
It wasn’t a good day for companies that rely on advertising revenue. The technology industry lost billions this morning -- especially those focused more heavily on advertising.
Google’s parent company Alphabet, Facebook, Twitter, Pinterest, and others fell Friday after Snap reported disappointing quarterly earnings -- warning that executives predict a …
