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0 0 0.00458715596330275 0.00366972477064225 0.00293577981651383 -0.00233944954128436 -0.0137614678899083 -0.0213302752293577
Stock impact report

TikTok Ban: Trump Extending Deadline By 75 Days (Live Updates) [Forbes]

Applovin Corporation - Class A (APP) 
Company Research Source: Forbes
the announcement one day before a ban against the popular social media platform was set to take effect unless it was sold to an American company. Trump announced the extension Friday afternoon. (Photo by Jaap Arriens/NurPhoto via Getty Images) NurPhoto via Getty Images Key Facts Trump said in a Truth Social he will soon sign an executive order keeping TikTok up and running until June 19, when it will have to divest or sell its assets to an American firm or face a ban in the U.S. “We hope to continue working in Good Faith with China,” Trump said, claiming his administration has made progress on a deal to keep TikTok in the U.S. for good. The initial deadline for a deal was set to expire Saturday. The president's announcement comes after he told reporters his administration was speaking with four potential buyers for TikTok (Amazon, Microsoft and Oracle have emerged as leading suitors for the app). On Wednesday, there had been a deal in place “for the app's operations to Show less Read more
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