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Snap is rallying after a report reveals it may be 'siphoning away' younger users from Facebook (SNAP, FB)

Snap shares were rising on news that it was taking younger users away from Facebook, according to the marketing firm eMarketer. Still, Facebook was adding total monthly users, though mostly from an older cohort. Snap is poised to add more users this year than ever given its new app redesign. Watch Snap's stock trade in real time here. Snap shares were gaining ground after a report found that Facebook was losing younger users at a faster clip to Snapchat than previously expected.
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