Re:“So the silence from Facebook over the weekend is.. deafe...
by joering2 on Tuesday October 02, 2018 @12:50PM
(#18123383)
From $219 to $160 thats “measly 1.5%” ? Maybe by Sesame Street’s Yellow Bird math standards.
Re:“So the silence from Facebook over the weekend is.. deafe...
by dsp1234 on Tuesday October 02, 2018 @01:18PM
(#18123651)
The closing price on Thursday was $168.84. The close yesterday was $162.44. That's a 3.8% decline.
I'm not sure where you got the $219 price from, but the stock price was nowhere near that before the breach.
Re:“So the silence from Facebook over the weekend is.. deafe...
by jamie_ca on Tuesday October 02, 2018 @02:53PM
(#18124560)
$219 is the stock's high price from this summer? The fall from there was totally unrelated.
Re:“So the silence from Facebook over the weekend is.. deafe...
by gavinsblog on Tuesday October 02, 2018 @12:24PM
(#18123097)
We don't know the full extent of the hack yet. As the thread says! It might be not so bad, or it might be awful.
Compare with TSLA Musk SEC investigation which caused a 10% plunge.
A misleading tweet is considered much more dangerous by the market than a 50 mil account breach. Investors know there are no real world consequences to a massive breach.