The pandemic slowed down, but Twitter and Snapchat did not ...Middle East

Quartz - Economy
The pandemic slowed down, but Twitter and Snapchat did not
source : Quartz ( Middle East ) () 19
The pandemic was a boon for social media platforms. Virtual worlds served their users well when the physical world became less hospitable. But as Covid-19 cases fell this spring in the US and much of the world, the pandemic’s effects on our social media usage did not reverse, according to recent earnings reports.Snapchat and Twitter, two stock market darlings over the last year, have seen their stock prices triple since last March. After posting impressive second-quarter earnings results on July 22, neither show any signs of losing altitude.  Snap and Twitter saw their stock prices rise 15% and 5%, respectively, in after-hours trading.Snapchat led the way. Quarterly revenues, driven largely

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