Global X Social Media ETF (SOCL)
NasdaqGM - NasdaqGM Real Time Price. Currency in USD
- ETF Trends•3 days ago
The Global X Social Media Index ETF (NasdaqGM: SOCL), the first exchange traded fund dedicated to social media stocks, is up 18% this year, but that does not mean the ETF’s upside from here is limited. ...
- U.S.News & World Report•21 days ago
From falling advertising dollars at newspapers to online competition for broadcasters, traditional media continues to be displaced. Because there is only a certain amount of advertising dollars that can be spent on media, the rapid growth of digital media and the advent of desktop search and mobile advertising means traditional players are getting squeezed, says Jay Jacobs, director of research with Global X, which runs the Social Media Index exchange-traded fund (SOCL) and the Millennials Thematic ETF (MILN). "They're stealing market share from the other traditional media outlets," he says.