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Investors have known for a long time that a fine was coming. This was already priced-in. Facebook has been planning on this and reporting it in SEC filings, whi
by caymanjim 7y ago
Investors have known for a long time that a fine was coming. This was already priced-in. Facebook has been planning on this and reporting it in SEC filings, which they are required by law to do. Now the matter is closed, and for the amount that they already warned investors it would cost. There should not have been any downward movement in the price, and there wasn't. Now the matter is put to rest, and the market likes that. If anything, the price should have gone up. Stability and predictability are good.