Supply Constraints Impacting Social Media Stocks

<p>Social media stocks such as Facebook (FB), Twitter (TWTR), Alphabet (GOOGL), and Pinterest (PINS) tumble following Snap Inc. (SNAP) earnings. Bill Baruch, President of Blue Line Capital, and Ygal Arounian, Managing Director of Equity Research at Wedbush Securities, discuss the impact of supply chain constraints on social media advertising. They also talk about how Apple’s (AAPL) privacy changes will impact social media stocks, as well as how Wedbush lowers Snap Inc.’s price target to $70 from $88 while keeping its outperform rating. Tune in to find out more.</p>