31 ms·
And when the actual fine is just $10bn, the markets will reward FB by increasing their stock price.
by adtac 7y ago
And when the actual fine is just $10bn, the markets will reward FB by increasing their stock price.
- vikramkr 7y agoThose aren't rewards. The price goes down at the opposite of the suit and the fine gets priced in with a given risk factor, and if they end up doing better than expected, then the price will adjust to integrate that new knowledge. It's still lower than if they'd never gotten fined (though perhaps not lower than if they hadn't unethically made that money in the first place)