Published on 18 Jan 2025 on Benzinga
Snap Inc. SNAP shares are trading lower on Friday despite the United States Supreme Court upholding the TikTok ban-or-sale law. Here’s what you need to know.
What To Know: The court, in a unanimous decision, ruled that the law does not violate Americans’ First Amendment rights. To avoid the ban, TikTok would need to divest its U.S. assets, however, a sale appears unlikely.