Instagram (FB) Top Social Network for Teens, Piper Jaffray Survey Shows; Snapchat Gaining Steam

Get Alerts FB Hot Sheet
Rating Summary:
46 Buy, 17 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 16 | New: 23
Join SI Premium – FREE
According to Piper Jaffray's 29th Semi-Annual Taking Stock With Teens survey, Instagram (owned by Facebook) remains the most important social network teens, although Snapchat is ramping quickly.
32% of teens called Instagram their most important social network. This was up from 30% in Spring 2014 and 17% in Spring 2013.
Facebook (NASDAQ: FB) saw their share drop to just 14% in Spring 2015 from 23% in Spring 2014 and 33% in Spring 2013.
24% of teens called Twitter (NYSE: TWTR) the most important social network, versus 27% in Spring 2014 and 30% in Spring 2013.
Meanwhile, Snapchat rose from nowhere to 13% in Spring 2015. It was zero in Spring of 2014.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Investec Downgrades LTIMindtree Ltd (LTIM:IN) to Sell
- Netflix (NFLX) PT Raised to $1,295 at Citi
- JPMorgan Starts Delta Electronics Thailand PCL (DELTA:TB) at Overweight
Create E-mail Alert Related Categories
Analyst Comments, Insiders' BlogRelated Entities
Piper Jaffray, TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!