Ok, so Facebook saw a massive plunge in users and value following the data scandal: Want to bet!
As of this morning, Facebook stock stood at 185/per share -- its all-time peak is 195 (and in fact, it must have been an intraday thing because I cannot find it in Google Finance. The highest price there is 190 per share. So, let's revise this, Facebook is off exactly 5% off its all-time high, but really only 2.7% off its all-time high.
Now the market has spoken, and Facebook is chastised...
As for users, well that's even worse -- Facebook usage is up 13% on last year (as of the end of April 2018).
So there you go, Mark Zuckerberg, you should feel really really chastised! The market and the people have spoken your business model is broken...
Not even a little bit, but reading the press on Facebook over the past few weeks/months you would think that the company is reeling from the financial and social impact of the data breach.
As of this morning, Facebook stock stood at 185/per share -- its all-time peak is 195 (and in fact, it must have been an intraday thing because I cannot find it in Google Finance. The highest price there is 190 per share. So, let's revise this, Facebook is off exactly 5% off its all-time high, but really only 2.7% off its all-time high.
Now the market has spoken, and Facebook is chastised...
As for users, well that's even worse -- Facebook usage is up 13% on last year (as of the end of April 2018).
So there you go, Mark Zuckerberg, you should feel really really chastised! The market and the people have spoken your business model is broken...
Not even a little bit, but reading the press on Facebook over the past few weeks/months you would think that the company is reeling from the financial and social impact of the data breach.
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