SOCL - （Global X Social Media ETF）

U.S. investors are seeing increased interest around social media stocks . Much of this interest stems from the an increasing trend of TikTok bans, after the EU parliament prohibited the use of the Chinese social media app across three of its institutions and advised EU personnel to remove the app from their personal devices due to cybersecurity concerns. Thus, in response to this news, social media stocks in the US experienced a surge in valuations, with companies like Snap (NYSE: SNAP ) seeing double-digit gains. Will TikTok’s ban affect other governments to take this social media network down? Time will tell. However, what’s certain is that while some near-term buying pressure for some of these embattled social media stocks is nice, these are also generally companies with their own sets of issues. Plainly-put, social media companies are facing myriad challenges, which have resulted in declining share prices this year. The Global X Social Media ETF (NASDAQ: SOCL ), which tracks the performance of global social media stocks, has experienced a decline of over 30%.

SOCL is a social media ETF from Global X with the social media platforms that dominate a lot of modern discourse. Click here to read our analysis of this ETF.

The Global X Social Media ETF (SOCL) fell in early trading Friday following earnings from Snap (SNAP) and more headlines in the ongoing Elon Musk-buyout drama for Twitter (TWTR).

The Global X Social Media ETF (SOCL) is out ahead in the exchange traded fund marketplace thanks to the pop in Spotify Technologies (SPOT), Pinterest (PINS), and Alphabet (GOOG) (GOOGL).

Wall Street loves growth stocks that can increase their revenue and earnings at a faster rate than their industry or the broader market. Such shares thrive during economic expansions driven by low-interest rates, leaving investors looking for growth stocks to buy on the dip. Generally, growth stocks tend to outperform the broad market over the long term. For example, the iShares S&P 500 Growth ETF (NYSEARCA: IVW ), which tracks the S&P 500 Growth Index , has outperformed the iShares Core S&P 500 ETF (NYSEARCA: IVV ) with a 10-year average annual return of 14% versus IVV’s 13%. However, amid growing concerns over rising interest rates and a potential recession, most growth stocks have taken a severe beating in 2022. For example, IVW has fallen 21% year-to-date. By comparison, benchmark indices, the S&P 500 and Dow Jones Industrial Average , have declined by 16% and 11.8%. 7 Best Reddit Stocks to Buy Now Put another way, current challenges have pushed down the sky-high valuations of most growth shares, offering enticing buying opportunities.

SOCL is a social media ETF from Global X with the social media platforms that dominate a lot of modern discourse. Click here to read our analysis of this ETF.

The Global X Social Media ETF (SOCL) fell in early trading Friday following earnings from Snap (SNAP) and more headlines in the ongoing Elon Musk-buyout drama for Twitter (TWTR).

The Global X Social Media ETF (SOCL) is out ahead in the exchange traded fund marketplace thanks to the pop in Spotify Technologies (SPOT), Pinterest (PINS), and Alphabet (GOOG) (GOOGL).

Wall Street loves growth stocks that can increase their revenue and earnings at a faster rate than their industry or the broader market. Such shares thrive during economic expansions driven by low-interest rates, leaving investors looking for growth stocks to buy on the dip. Generally, growth stocks tend to outperform the broad market over the long term. For example, the iShares S&P 500 Growth ETF (NYSEARCA: IVW ), which tracks the S&P 500 Growth Index , has outperformed the iShares Core S&P 500 ETF (NYSEARCA: IVV ) with a 10-year average annual return of 14% versus IVV’s 13%. However, amid growing concerns over rising interest rates and a potential recession, most growth stocks have taken a severe beating in 2022. For example, IVW has fallen 21% year-to-date. By comparison, benchmark indices, the S&P 500 and Dow Jones Industrial Average , have declined by 16% and 11.8%. 7 Best Reddit Stocks to Buy Now Put another way, current challenges have pushed down the sky-high valuations of most growth shares, offering enticing buying opportunities.

SOCL is a social media ETF from Global X with the social media platforms that dominate a lot of modern discourse. Click here to read our analysis of this ETF.

The Global X Social Media ETF (SOCL) fell in early trading Friday following earnings from Snap (SNAP) and more headlines in the ongoing Elon Musk-buyout drama for Twitter (TWTR).

The Global X Social Media ETF (SOCL) is out ahead in the exchange traded fund marketplace thanks to the pop in Spotify Technologies (SPOT), Pinterest (PINS), and Alphabet (GOOG) (GOOGL).

Wall Street loves growth stocks that can increase their revenue and earnings at a faster rate than their industry or the broader market. Such shares thrive during economic expansions driven by low-interest rates, leaving investors looking for growth stocks to buy on the dip. Generally, growth stocks tend to outperform the broad market over the long term. For example, the iShares S&P 500 Growth ETF (NYSEARCA: IVW ), which tracks the S&P 500 Growth Index , has outperformed the iShares Core S&P 500 ETF (NYSEARCA: IVV ) with a 10-year average annual return of 14% versus IVV’s 13%. However, amid growing concerns over rising interest rates and a potential recession, most growth stocks have taken a severe beating in 2022. For example, IVW has fallen 21% year-to-date. By comparison, benchmark indices, the S&P 500 and Dow Jones Industrial Average , have declined by 16% and 11.8%. 7 Best Reddit Stocks to Buy Now Put another way, current challenges have pushed down the sky-high valuations of most growth shares, offering enticing buying opportunities.