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There's also been a considerable sector rotation & general tech selloff factor which is easily overlooked when fingers point toward Meta internals.
by themodelplumber 5y ago
There's also been a considerable sector rotation & general tech selloff factor which is easily overlooked when fingers point toward Meta internals.
- quickthrowman 5y agoIf FB declines 7-8% more, it will have halved its market cap in 6 months, its a bit more than just a sector rotation regarding FB shares. AAPL is 10% off it’s ATH, GOOG about 15% off it’s ATH, MSFT is 20% off it’s ATH. FB is doing far worse than other big tech.
- themodelplumber 5y agoIt's also younger and a very tempting target for growth-oriented technical traders looking for volatility to leverage. The story is far from over...