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Social media stocks were hammered in 2022 as several headwinds hurt revenue.
One of the challenges that could ease for Meta Platforms (META 0.61%) in 2022 is competitive pressure from TikTok. The latter faces regulatory pressure restricting its use in the U.S.
*Stock prices used were the afternoon prices of Dec. 29, 2022. The video was published on Dec. 31, 2022.
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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