Social media stocks have been under the spotlight lately with some of the shine coming off “Big-tech”.
Facebook has battled with data breaches and concerns over growth and is down 11.5% in 2018, Weibo Corporation is down 40% and SNAP has lost 56%.
This has raised a number of questions about the viability of these stocks to continue to monetise their user bases.
The Motley Fool team decided to take a look at SNAP and the comments from its CEO that the company could not be classified as a social media play:
