Google, Meta, Snap stock to benefit from US TikTok ban, CFRA says

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Google, Meta, Snap stock to benefit from US TikTok ban, CFRA says
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Google, Meta, and Snap would be the biggest winners if TikTok is banned, with shares set to rise on billions in new ad revenue, CFRA says

, saying TikTok and other Chinese technology pose national security risks through data collection and other means.

"A TikTok ban would move the needle more for SNAP than others," said Zino. TikTok's projected US revenue for 2023 is roughly 1.5 times the total revenue level for Snap.

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