Shares of Twitter, Snap soar amid Facebook ad boycott - MarketWatch

Twitter shares also received a boost after the company listed a job posting that it was launching a subscription platform with the code name Gryphon.

Facebook executives, including Chief Executive Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg, met with boycott organizers late Tuesday amid an advertising pause from Coca-Cola Co.

Earlier Tuesday, Adam Jonas of Morgan Stanley upped his price target on the shares and came out with a $2,000 "bull case scenario," boosting the stock.

As demand for Tesla vehicles continues, the company is on more solid footing than other auto makers and will likely post a GAAP profit when it reports second-quarter results next month, the analyst said.

Tesla shares have been on a tear since last week, when the company reported better-than-expected sales numbers even as coronavirus-related closures kept its sole U.S.

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