3 ms·
Why are you so sure that was the cause of the price decline?
by jakewalker 13y ago
Why are you so sure that was the cause of the price decline?
- poopsintub 13y agoThe other big news was that Facebook was testing ads outside of their own platform. The possibility of taking on Google's Adwords and adding more than a few billion dollars in revenue should have increased the price?
- patmcc 13y agoYou're layering a lot of your believe about Facebook onto that assumption - maybe people saw that news and concluded Facebook would fail in external ads and lose a bunch of money, which decreased the stock price. It's hardly unambiguously good news (like record profits or something).