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I'm curious as to how a shareholder views this in light of the hit the stock took earlier in the month when MAUs fell by a -- compared to the population of the
by BeefWellington 5y ago
I'm curious as to how a shareholder views this in light of the hit the stock took earlier in the month when MAUs fell by a -- compared to the population of the EU -- tiny amount.
Being forced to process the data in the jurisdiction you're doing business in seems like a strange spot to make a stand.
- dont__panic 5y agoGiven how big a drop in price that tiny drop caused last week, maybe it's all a ploy. 1. Zuck drops facebook/insta/meta out of the EU 2. huge drop in MAU 3. larger/similar drop in share price (how much lower can it honestly go?) 4. then, any MAU drop will seem meaningless after the big EU MAU drop. FB avoids weeks/months/years of slow stock price deterioration at 5% or so (compounding) in exchange for a one-time 25% drop. Seems like a deal.