Snapchat’s Stock Surges As Congress Pushes For a Ban TikTok

Snapchat's stock and user sign-ups are booming as Congress continues to push for a ban on TikTok. The US government has already banned TikTok on federal government-issued devices due to national security concerns related to its Chinese parent company, ByteDance. The potential, nationwide ban could ultimately benefit large US tech platform, specifically Snapchat, Facebook-parent Meta, and YouTube.