Facebook's stock just utterly collapsed, dropping 26% today alone! It's the single-day largest market cap drop in corporate history. Why did this happen?
There's 5 reasons Facebook's stock is crashing:
1. Stagnating user growth
2. Missed earnings
3. Lower revenue forecast (27-29 billion versus 30.15 expected)
4. Apple’s iPhone privacy changes cost them $10 billion in 2021.
5. It also said macroeconomic challenges like inflation and supply chain disruptions, are weighing on advertiser budgets.
So is it time to invest in Facebook's stock or sell, sell sell? We discuss it in today's video!
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There's 5 reasons Facebook's stock is crashing:
1. Stagnating user growth
2. Missed earnings
3. Lower revenue forecast (27-29 billion versus 30.15 expected)
4. Apple’s iPhone privacy changes cost them $10 billion in 2021.
5. It also said macroeconomic challenges like inflation and supply chain disruptions, are weighing on advertiser budgets.
So is it time to invest in Facebook's stock or sell, sell sell? We discuss it in today's video!
???? TWITTER: https://twitter.com/meetmattl
???? INSTAGRAM: https://www.instagram.com/meetmattl/
???? TIKTOK: https://www.tiktok.com/@meetmattl
BUSINESS INQUIRIES ????
meetmattl1@gmail.com
Subs: 6.08k
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