The looming threat of a TikTok ban has caused many social media stocks to surge as they are perceived benefactors that would presumably gain TikTok users who get locked out of the platform. While TikTok continues to ride the wave of uncertainty even with a 75-day extension granted by President Donald Trump, some companies in the computer and technology sector are already benefitting with or without the ban. Popular language learning platform Duolingo Inc. (NASDAQ: DUOL) has been a key benefactor just from the threat of a TikTok ban.
