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Facebook Shares Plummet 23%
- flowtheorist 5y agoWhat's fascinating is that people knew that Facebook's business model was based entirely on targeted advertising and yet they did not see this development. What did people think was going to happen when Apple decided to enforce more stringent privacy requirements on data sharing?
- AaronNewcomer 5y agoSNAP talked pretty loudly about the same Apple issues but their stock spiked 62% after their earnings report. So this seems like more of a cop out.
- flowtheorist 5y agoThen you must think it's undervalued so you should buy some FB.
- AaronNewcomer 5y agoMy point was it’s even bigger issues, not just or mainly because of Apple’s privacy rules.
- flowtheorist 5y agoFacebook has been a zombie for a while now. Maybe the market has caught up. Their stock price didn't make any sense to me when it was high and it still doesn't make sense to me. With stalling growth and lower overall engagement they don't really have anywhere to go so my guess is their stock price is going to continue falling.
- FractalHQ 5y agoIt seems a companies true value and its stock price don’t aren’t as correlated as people would like me to believe.
- joelbondurant1 5y ago
- nabla9 5y agoFB SP500 ------------------- IPO +540% +250% 5y +88% +97% 2y +22% +42% 1y -7.4% +20% Growth is behind, struggle for survival begins.
- cuteboy19 5y agoWill we start seeing tech companies become dividend paying utility stocks? Surely we are past the growth stage for many FAANG-like companies
- mateo1 5y agoDon't say that! We are launching a new device that keeps the user virtually paralyzed on his chair for up to 12 hours a day!
- samstave 5y ago
- swivelmaster 5y agoThey need one that keeps the user literally paralyzed, that would be a better ROI
- galosh 5y agoThe game just moves elsewhere. There is always some new hotness with increasingly obscene forward growth expectations. Sell MSFT, buy SNOW. Sell SNOW, buy MDB. Sell MDB, buy PTON. Sell PTON, buy NET etc.
- zepto 5y agoApple is a dividend paying stock.