CFP: The bad news for Facebook just keeps getting worse — and Facebook stock is down another 4.4%.
The S&P 500 as a whole is down 1.5%, and growth stocks in particular seem to be taking it on the chin. Yet Facebook has problems of an entirely different order. Shares of the social networking powerhouse have lost more than 12% of their value in the past month — well over $100 billion in market capitalization. more
Couldn’t happen to a nicer group of communists. I just hope it continues.
Yeah, it will go back up tomorrow. Big whoop.
If and when it really goes down, it won’t be because of a technical glitch.
Facebook and Evergrande in one day. Get ready for a stock market roller coaster with impact on the big financials.
Woo hoo. Finally… temporarily… right. Company produces nothing of actual value yet is valued as though it is world saving. Brought down a little bit. Tomorrow is another day