As Facebook Revenue Soars, the SOCL ETF Hits the ‘Like’ Button
April 30, 2021 at 06:00 AM EDT
Social media giant Facebook beat earnings and revenue expectations during the first quarter of 2021, which should help give the Global X Social Media ETF (SOCL) a lift. Facebook, which comprises about 12% of SOCL’s net assets, ousted Wall Street’s expectations in earnings and revenue....