Social Media ETF Slides After Twitter Sees Slow User Growth
October 30, 2020 at 15:29 PM EDT
A social media sector-specific exchange traded fund was among the worst hit areas of the market after Twitter (NasdaqGS: TWTR) announced slower user growth and potentially depressed ad spending ahead. The Global X Social Media ETF (SOCL) declined 5.3% on Friday. Meanwhile, Twitter shares plummeted...
