Full Answer
How Facebook could cause a stock market crash?
Feb 03, 2022 · Apple and TikTok are leading to decreased ad revenue and users for the social media giant. Facebook investors are in a world of hurt after the share price of its parent company, Meta, dropped 20% ...
Why did Facebook do a stock split?
Feb 03, 2022 · Shares of Facebook parent Meta plunged Thursday after the company forecasted weaker-than-expected revenue growth in the next quarter. The company blamed privacy changes to Apple’s iOS and...
How much did FB lose in stocks?
Sep 03, 2021 · What happened Shares of Facebook ( FB -1.47% ) were down modestly today after the social media giant was slapped with a $267 million fine by an Irish regulatory agency. Additionally, Instagram was...
How far will FB stock fall?
Feb 03, 2022 · A stagnant user base in key markets. A pricey bid to invest in virtual reality that could take years to pay off. These are just a few reasons investors are dumping Facebook's Meta ( …
Why is Facebook stock going down?
Shares of Facebook parent Meta plunged Thursday after the company forecasted weaker-than-expected revenue growth in the next quarter. The company blamed privacy changes to Apple's iOS and macroeconomic challenges weighing on advertiser budgets.Feb 3, 2022
Is Facebook stock a good buy now?
A lower P/E ratio is better since it means you are paying less for a dollar of earnings. So, since Facebook's P/E ratio is lower than that of the S&P 500 and the technology sector, fundamental analysis says that the stock is a relatively good value.Feb 9, 2022
Is Facebook a dying platform?
With two billion log-ins daily, Facebook is still in the race. However, for years now, the use of the Facebook app has been gradually declining. Facebook in its history of 18 years is seeing a fall in its daily users, half a million users stopped using it towards the end of the year 2021.Feb 4, 2022
Is Facebook a Buy Sell or Hold?
Meta Platforms has received a consensus rating of Buy. The company's average rating score is 2.72, and is based on 32 buy ratings, 12 hold ratings, and 1 sell rating.
Another privacy-related fine was weighing on the stock today
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What happened
Shares of Facebook ( NASDAQ:FB) were down modestly today after the social media giant was slapped with a $267 million fine by an Irish regulatory agency. Additionally, Instagram was experiencing an outage this morning, though the fine seems to be the main reason for the dip.
So what
The Data Protection Commission, Ireland's privacy regulator, fined Facebook-owned messaging service WhatsApp $267 million for violating European Union privacy rules about sharing user data with other Facebook-owned properties.
Now what
Separately, Facebook also finds itself at the center of another controversy as a Congressional committee is demanding records from Facebook and other social media platforms on communications that took place on Jan. 6 and ahead of the attack on the Capitol building.
