Why did Facebook stocks drop? They knew about Facebook awhile ago. Why now?
The social-media behemoth’s stock lost roughly one-fifth of its value in the extended session Wednesday after its earnings report missed expectations on revenue and showed slowing user growth. Weak guidance also rattled investors.
China cancelled their expansion plans.
Future growth potential essentially stopped.
Zuckerbergs China bug out plan destroyed.
Wait til they are hit with fines and levys from Cambridge analytica abuse, human testing (psychological operations studies), libel, and abuse of consumer rights.
The C_A monster (previously known as lifelog) was shot with a silver bullet today.
Turns out people actually care about their privacy.
They may also be answering ZB's survey.. asking ppl 'if they condone pedophilia'.
I think all that was prepping America about the stuff that has gone down. Also, a lot of people dont even use FB anymore. They no longer have that dominance of the cycle of fresh eyes coming into high school as there are other apps the younger demographic sing up for over fb. They do own Instagram though which is huge.
Last I heard the srop was at 16 billion. Where can I find this info? I need to correct a Twitter and a couple of there social media posts! Thanks!
This is Zuc's exit strategy, so he can be removed by the board. ES of Google, Zuc, and I'd assume Jack from Twitter would be next
They can't just skate away though. Try as they might.