In Piper Sandler's semi-annual 'Taking Stock with Teens' survey for fall 2021, a total of 35% of surveyed teenagers cited Snapchat as their favorite social media platform, up from 31% in the spring and 34% last fall. TikTok and Instagram came in second and third, with 30% and 22% of respondents citing the social media apps as their favorites, respectively. The report was based on responses taken between August 17 and September 16 from 10,000 teens across 44 U.S. states. Gerber Kawasaki Managing Partner Hatem Dihab joined Cheddar News' Closing Bell to discuss.