4 ms·
Only $13.3 million per hour in revenue [1], but about $45 billion in market cap today [2]. 1. https://fortune.com/2021/10/04/facebook-outage-cost-revenue-insta
by tlrobinson 5y ago
Only $13.3 million per hour in revenue [1], but about $45 billion in market cap today [2].
1. https://fortune.com/2021/10/04/facebook-outage-cost-revenue-instagram-whatsapp-not-working-stock/ https://fortune.com/2021/10/04/facebook-outage-cost-revenue-...
2. https://www.google.com/finance/quote/FB:NASDAQ https://www.google.com/finance/quote/FB:NASDAQ
- rytill 5y agoYou mean $945B?
- TAForObvReasons 5y agoAt close, market cap was approximately 920B and the stock was down about 5%. The change in market cap is therefore about 920B * (1 / 0.95 - 1) ~ 48B