Social Media ETF Climbs After Snap’s Phenomenal Quarter

A social media sector-specific exchange traded fund stood out Wednesday after Snap Inc. (NYSE: SNAP) earnings exceeded expectations shares and shares surged to all-time highs. The Global X Social Media ETF (SOCL) was among the best performing non-leveraged ETFs of Wednesday, rising 4.9%.

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Source: Social Media ETF Climbs After Snap’s Phenomenal Quarter