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On 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.
by tejohnso 4y ago
On 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.