Why is Facedrive down so much?
Facedrive stock is now down 97% from its all-time high and could head lower in the months ahead. That's because the company's former manager and co-founder said the team was exploring bankruptcy. Revenue growth has been disappointing. However, Facedrive stock has been relentless volatile in September.
Is Facedrive a good stock to invest?
What Should You Do With Facedrive Stock Today? Facedrive stock remains a high-risk bet for long-term investors, despite falling 98% from all-time highs.
Will Facedrive stock ever recover?
However, the euphoria of early 2021 had investors making some significant, and potentially life changing decisions, an investment of Facedrive at its peaks being one of them. This is an investment I feel investors will likely never recover.
What happen to Facedrive?
What happened? Facedrive stock lost a jaw-dropping 72% of its value in just the month of September alone. That adds yet another month of losses to what has been an unprecedented losing streak in 2021. The stock is down 97.7% since its all-time high in February.
Is Facedrive in the USA?
Facedrive is there for you when you need us most. With a tap of a button on the Facedrive App, we will get you to your dreams and opportunities, may it be to a job interview or a study date with friends. Facedrive will be there for you, download the Facedrive App today.
Is FB stock a good buy now?
FB's Global Reach is Still Massive Meta's 2021 revenue jumped 37% YoY to $118 billion and its adjusted earnings came in 36% higher. Looking ahead, Zacks estimates call for FB's revenue to pop 10.4% in FY22 and another 18% in FY23, both of which mark FB's slowest YoY growth as a public company.
Will Facebook stock go up?
The analyst expects the average Meta (FB) stock price to be $210.50 in 2022, climbing to $211.27 in 2023, but falling to $206.45 in 2024.