Teens Turn Away From Facebook, Head To YouTube, Instagram, Snapchat

Facebook (FB) is no longer the most popular online platform among U.S. teens, who now favor YouTube, Instagram and Snapchat (SNAP) more than they do the world’s largest social network, says a Pew Research Center survey.

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The survey of people age 13 to 17 showed the YouTube platform of Alphabet (GOOGL) is now used by 85% of teens. That’s followed by the Instagram platform owned by Facebook, at 72%, then Snapchat at 69%. Facebook was fourth at 51% — a figure that’s down from 71% in a comparable poll three years ago.

Following Facebook was Twitter (TWTR), at 32%.

When asked which platform they use most often, 35% of teens said Snapchat, followed by YouTube at 32%, Instagram at 15%, Facebook at 10% and Twitter at 3%.

The Pew survey found that some 95% of teens now say they have or have access to a smartphone. That’s a 22% increase from three years ago.

Online Almost Constantly

A growing number of teens, 45%, say they’re online almost constantly, a figure that has nearly doubled from the 24% who said so three years ago. Another 44% say they go online several times a day, meaning nearly nine out of 10 go online at least multiple times per day.

Shares of Facebook were up 2.4%, near 192, during afternoon trading on the stock market today. Its relative strength line is floating just below a new 52-week high, a positive sign ahead of a potential breakout.

Alphabet shares were up 2.3%, near 1,103, while Snapchat was up 6.3%, near 11.70.

The Pew Research survey included interviews with 1,058 parents with teenagers in the age group, as well as interviews with 743 teens. Interviews were conducted online and by phone from March 7 to April 10, 2018.
— Read on www.investors.com/news/technology/teens-leave-facebook-pew-survey/

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