{"id":10243,"date":"2021-10-25T12:50:00","date_gmt":"2021-10-25T09:50:00","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=10243"},"modified":"2023-06-22T17:44:24","modified_gmt":"2023-06-22T14:44:24","slug":"snap-twitter-facebook-shares-fall-abruptly","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/10\/25\/snap-twitter-facebook-shares-fall-abruptly\/","title":{"rendered":"Snap, Twitter, Facebook Shares Fall Abruptly"},"content":{"rendered":"\n

A month ago I wrote that Facebook shares were declining due to Apple<\/a>, particularly its updated privacy policy. Wall Street experts suggested at once that changes on Apple<\/a> devices will affect all companies that make money on online advertising. So, at the end of last week, the shares of Snap, Twitter, and Facebook<\/a> (again!) headed down abruptly. Let's dig into the details of what happened.<\/p>\n\n\n\n

<\/span><\/a>Snap report for Q3, 2021 didn’t live up to Wall Street expectations<\/span><\/h2>\n\n\n\n

On October 21st, the results of Q3, 2021 were reported by an American company Snap that owns the Snapchat messenger. The market paid the most attention to the claims of Evan Spiegel, director general of the corporation. He said that the changes that Apple had made to its ATT (App Tracking Transparency) influenced the business of Snap more than they had expected.<\/p>\n\n\n\n

As you remember, Apple updates, so vividly and sharplt discussed by the representatives of tech companies, are aimed at increasing transparency of tracking user data, collected by apps. Or at least this is the official explanation.<\/p>\n\n\n\n

<\/span><\/a>Important report details<\/span><\/h3>\n\n\n\n