![]() ![]() Volume in Snap ( SNAP) was more than twice the stock's dailiy average, as more than 76M shares of Snap ( SNAP) traded hands by the closing bell. Mark Warner, said in an interview on Fox News that he intends to introduce legislation this week that would allow the banning of certain Chinese technologies in the U.S., including TikTok, the popular and controversial social-video app, owned by ByteDance ( BDNCE ).Īs TikTok's use has spread among younger Americans, concerns have grown about how the app is collecting and users people's information, and ByteDance's ( BDNCE) connection to the Chinese government and military. Snap ( NYSE: SNAP) shares climbed nearly 10% Monday as the social-media company benefitted from reports that support for ban on TikTok in the U.S. Stockcam/iStock Unreleased via Getty Images ![]()
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