Social media features and infinite scrolling are harmful to youth mental health, report says [MSNBC.com]
Snap Inc. Class A (SNAP)
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Source: MSNBC.com
A top psychology group is urging technology companies and legislators to take greater steps to protect adolescents’ mental health, arguing that social media platforms are built for adults and are “not inherently suitable for youth.”Social media features such as endless scrolling and push notifications are “particularly risky” to young people, whose developing brains are less able to disengage from addictive experiences and are more sensitive to distractions, the American Psychological Association wrote in areport released TuesdayBut age restrictions on social media platforms alone don’t fully address the dangers, especially since many kids easily find workarounds to such limits. Instead, social media companies need to make fundamental design changes, the group said in its report.“The platforms seem to be designed to keep kids engaged for as long as possible, to keep them on there. And kids are just not able to resist those impulses as effectively as adults,” APA chief science officer
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News
- Understanding Snap (SNAP) Reliance on International Revenue [Yahoo! Finance]Yahoo! Finance
- Snap Inc. (NYSE: SNAP) had its price target raised by analysts at Susquehanna from $12.00 to $15.00. They now have a "neutral" rating on the stock.MarketBeat
- Snap Inc. (NYSE: SNAP) had its "outperform" rating re-affirmed by analysts at Raymond James. They now have a $16.00 price target on the stock, up previously from $15.00.MarketBeat
- Snap Inc. (NYSE: SNAP) had its price target raised by analysts at TD Cowen from $11.00 to $14.00. They now have a "hold" rating on the stock.MarketBeat
- Snap Inc. (NYSE: SNAP) had its price target raised by analysts at Wells Fargo & Company from $16.00 to $18.00. They now have an "overweight" rating on the stock.MarketBeat
SNAP
Earnings
- 4/25/24 - Beat
SNAP
Sec Filings
- 4/29/24 - Form 144
- 4/29/24 - Form 144
- 4/26/24 - Form S-8
- SNAP's page on the SEC website