Economics, Business, Money, Finance : Facebook stock crashes 20%

Facebook stock crashes 20%



They released an earnings report which showed they lost users for the first time since Facebook began and they are also making less money on advertising. They still made $40 billion in profit last year, but the trend is down. Newer social media platforms like TikTok are taking their users.

Here is Mark Zuckerberg's current wealth, which should drop about 30 billion dollars as soon as the market opens later this morning.

Re: Facebook stock crashes 20%

It’s still highly valuable. I wish I purchased some when it was $30. I’d have made a killing.

Hey Diddler, Diddler….the cat and the fiddler LOL

Re: Facebook stock crashes 20%

The best time to buy stock is always last year.



😺 Schrodinger's Cat walks into a bar, and doesn't. 🤨 Let's go, Brandon! 🤨 Try that in a small town.

Re: Facebook stock crashes 20%



😺 Schrodinger's Cat walks into a bar, and doesn't. 🤨 Let's go, Brandon! 🤨 Try that in a small town.

Re: Facebook stock crashes 20%

Down $28 billion and 4 places on the richest person in the world list.

Re: Facebook stock crashes 20%

I wondered if the news that Zucker was out had an impact? When I heard that I thought it was Zukenberg of facebook, not the one at CNN.

Bing.. Wobbledy wobble, wo-wo-wobble, wobbin'
https://vocaroo.com/1hz4nrSop8zd
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