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Facebook's Latest Challenge Is a Gift for Pinterest and Snap

Facebook's Latest Challenge Is a Gift for Pinterest and Snap

Facebook (NASDAQ: FB) has already seen a partial exodus of large companies this year. The #StopHateforProfit boycott that began in July and attracted big-name brands like Clorox, Verizon, and Coca-Cola put a dent in Facebook's revenue growth in the third quarter. It also delivered a noticeable lift for rivals like Pinterest (NYSE: PINS) and Snap (NYSE: SNAP).