the social media sector has been growing at a rapid pace in 2021 the number of active social
media users stood at 3.8 billion globally and it's expected to reach around 4.4 billion by 2025.
social media companies generate most of their revenue from advertisements
they can also generate income from e-commerce digital payments and video games the industry
touches many various aspects of our daily lives ranging from gaming and content to networking
let's take a look at some social media stocks that have grabbed headlines recently
first up we have meta platforms formerly known as facebook it's one of the leading technology
conglomerate firms and they're based in menlo park in california it is the parent company of
facebook instagram and whatsapp it shares traded at 232.71 that was up 3.5 on the 4th of april
its stock value decreased by 23.73 over the past 12 months the 52-week highest and lowest
stock prices were 384.33 and 185 dollars and 82 cents the company's total revenue surged
20 year-on-year to 33.67 billion dollars in the fourth quarter of finance year 2021.
now alphabet is leading a multinational firm specializing in internet related operations
such as their search ending google social media cloud and other related services they're based
in mountain view in california the stock traded at 2865 u.s dollars up 2.22 on the fourth of july
the stock rose 38.5 over the last 12 months stock saw the highest price of 3031 us dollars and the
lowest price of 2 000 and four dollars in the last 52 weeks the company's revenue increased by 32
year-on-year to 75.32 billion dollars in the fourth quarter of financial year 2021.
pinterest is an image sharing and social media services provider based in san francisco in
california shares of the company traded at 27.28 up 9.98 on the fourth of april stock
value declined 63.27 over the last 12 months the 52 highest and lowest prices are 88.83
and 21.92 the company's revenue increased by 20 year-on-year to 846.65 million
in the fourth quarter of finance year 2021
then we have twitter now twitter users can post or interact with each other through its platform
microblogging they're based in san francisco in california the stock traded at 49.90 on the
fourth of april up 26.96 twitter stock fell 38.67 over the last 12 months the
stock saw the highest price of 73.34 and the lowest price of 31.30 in the last 52 weeks
company's revenue rose 22 year on year to 1.57 billion dollars in the fourth quarter 2021.
snap is a camera and social media company based in santa monica in california it brands products are
snapchat and spectacles the stock traded at 39.18 on the 14th of april lap 4.77
the company's revenue increased by 42 year-on-year to 1.3 billion dollars in the fourth quarter of
financial year 2021. the globalx social media company etf which checks the social media sector
returned over 73 gains over the last five years however investors should exercise
due diligence before investing in the stock market now you can comment below on this video
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