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Will Meta's stock price increase by at least 5% within a week of TikTok ban announcement?
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Trump Considers Executive Order to Suspend TikTok Ban Enforcement for 60 to 90 Days, Says Washington Post; Affects $META, $SNAP
Jan 15, 2025, 09:38 PM
President-elect Donald Trump is contemplating an executive order aimed at suspending the enforcement of the law that mandates the sale or ban of TikTok in the United States. According to a report from the Washington Post, this order could temporarily halt the ban for a period of 60 to 90 days. This decision comes as a TikTok ban is anticipated within the week, prompting discussions about the potential impact on social media stocks, particularly Meta Platforms Inc. (NASDAQ: $META) and Snap Inc. (NASDAQ: $SNAP).
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