4 ms·
Well the epic stock slide over past few months would tell you investors are highly cautious about the company’s future.
by tempsy 4y ago
Well the epic stock slide over past few months would tell you investors are highly cautious about the company’s future.
- tejohnso 4y agoOn a 3 month chart FB is down 10% from start to now. That's hardly "epic". And the NASDAQ composite is down 13% in the same time frame.
- tempsy 4y ago-44% ytd lol why write something in bad faith?
- edmundsauto 4y agoTech as a whole is down 27% over that period, which means $FB underperformed but not by a whole lot.
- tempsy 4y agoQQQ is down 23% ytd so they underperformed the Nasdaq 100 by 2000 bps. that is objectively “a lot” especially for a mega cap.
- tejohnso 4y agoWhy assume bad faith? You said "past few months" and so I quickly pulled up a 3 month history which is a dropdown option in the UI I was looking at. I replied with what I saw.
- tempsy 4y agoanyone who follows the stock market will not accuse me of being hyperbolic about FB’s stock plummeting in recent months, and yes 5 months is also “a few” lol…
- dylan604 4y ago10% is about what everyone in today's economy seems to be doing. it's the bigger slide from Apple blocking their tracking that should be more worrisome than a natural economic hiccup
- loeg 4y agoThat's a pretty selective lookback. The big slide was 4 months ago. If you look at trailing 6 months, FB is down 40%, vs down 10% for S&P500 or 23% for NASDAQ.
- garettmd 4y agoEverything is going down right now. -10% over the last 3 months doesn't seem that epic to me.
- tempsy 4y ago-44% ytd is epic
- PheonixPharts 4y agoIt seems wildly disingenuous to talk about 3 months when the initial Facebook crash was after their earnings call 4 months ago.
- deleted 4y ago[deleted]
- tyrfing 4y agoThey make $200/year per user in North America, all 250 million of them. Cut that to 1/3 and their value as a company is far lower, but they still make more per user than a subscription service like Netflix. Now, you can say "nobody thought that ARPU was sustainable", but they have a long history of making unbelievable numbers bigger. Their real mistake was not pushing to own the entire vertical stack, building unassailable moats like Google and Apple. Oculus is that bet, and other companies like Valve are pursuing similar strategies.