Snap in position to benefit if TikTok is banned in U.S.: Analyst
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Snap in position to benefit if TikTok is banned in U.S.: Analyst
Snap in position to benefit if TikTok is banned in U.S.: Analyst
Talks of a potential TikTok ban have heated up after CEO Shou Chew testified on Capitol Hill last week. But if a ban were to happen - and not everyone is convinced it will - which tech platform stands to benefit most? "We had pegged Snap (SNAP) as the biggest beneficiary out there," says CFRA Research Senior Equity Analyst Angelo Zino. "It's a name we think can kind of see significant improvement in DAUs and also see some potential incremental addition on the ad side of things." Watch Seana Smith and Dave Briggs' full interview with Angelo Zino here and here. KEY VIDEO MOMENTS: 0:18 Zino says 35-40% chance TikTok gets banned in U.S. 0:43 Zino pegs Snap as biggest beneficiary
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Snap in position to benefit if TikTok is banned in U.S.: Analyst
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Talks of a potential TikTok ban have heated up after CEO Shou Chew testified on Capitol Hill last week. But if a ban were to happen - and not everyone is convinced it will - which tech platform stands to benefit most?
"We had pegged Snap (SNAP) as the biggest beneficiary out there," says CFRA Research Senior Equity Analyst Angelo Zino. "It's a name we think can kind of see significant improvement in DAUs and also see some potential incremental addition on the ad side of things."
Watch Seana Smith and Dave Briggs' full interview with Angelo Zino here and here.
KEY VIDEO MOMENTS:
0:18 Zino says 35-40% chance TikTok gets banned in U.S.
0:43 Zino pegs Snap as biggest beneficiary
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