The world of social media was up in arms last week, but it wasnt users that were in uproar.
Social media investors saw the values of Facebook and Twitter slide to recent lows on the back of disappointing company results that could potentially be signalling bifurcation amongst social media valuations including the so-called FANG stocks (Facebook, Amazon, Netflix and Google).
In other words, social media valuations may have reached a peak.
FANG stocks have been strong pacesetters for the wider equity markets last year, given their strong commercial performance and rapidly growing user numbers that have attracted adve…
Read the full article at: https://smallcaps.com.au/social-media-stocks-slammed-user-growth-slows-facebook-twitter/