$20 billion here, $20 billion there. Pretty soon you’re talking real money. Maybe Zuck should have accelerated his sales a bit more. Facebook’s disastrous conference call and outlook has seen the stock plummet 25% from its earlier highs.Note that this brings FB back below: (1) the trend line which has buoyed it since April 4; … continue reading →
Tag Archives: stock
Everyone’s asking about Facebook, today. The stock, off as much as 8% earlier, is currently down 6.5%. It has the dubious honor of leading the FAANG stocks on a pretty rough day. The last time I devoted a post to FB was over five years ago on Jan 16, 2013 [see: Should We “Like” Facebook?] … continue reading →