3 ms·
Given 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.
by dont__panic 5y ago
Given 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.