Shares of social media companies, including Meta Platforms Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR) and Snap Inc (NYSE:SNAP), are all trading higher in sympathy with the overall market amid continued volatility stemming from the Russia-Ukraine conflict.
US indices are also trading higher amid continued volatility on Ukraine-Russia concerns. A pullback in oil prices following the recent crude rally has helped alleviate some concerns of rising commodity costs. US President Joe Biden Tuesday announced a ban on Russian Russian oil, natural gas and coal imports.
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Meta Platforms is trading higher by 3.60% at $197.10.
Twitter is trading higher by 4.70% at $34.22.
Snap is trading higher by 9.40% at $34.14.
