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Benzinga
Benzinga
Technology
Melanie Schaffer

Chart Wars: Is Meta Platforms, Twitter Or Pinterest A Stronger Play After Snap Drags The Group Down?

Pinterest Meta SNAP Facebook Nasdaq NYSE

Meta Platforms, Inc (NASDAQ:FB), Twitter, Inc (NASDAQ:TWTR) and Pinterest, Inc (NYSE:PINS) gapped down about 8%, 2% and a whopping 17%, respectively, to start the trading day on Tuesday.

The social media stocks were trading lower in sympathy with Snap, Inc (NYSE:SNAP), which filed a Form 8-K on Monday showing the parent company of Snapchat forecast its second-quarter revenues to come in under the lowest range of its guidance issued on April 21. The news caused Snap to plunge over 40% intraday. 

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