Facebook Shares Plummet 23%

Re:Facebook Shares Plummet 23% by flowtheorist on Thursday February 03, 2022 @10:43AM (#30193840)

What's fascinating is that people knew that Facebook's business model was based entirely on targeted advertising and yet they did not see this development. What did people think was going to happen when Apple decided to enforce more stringent privacy requirements on data sharing?

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Re:Facebook Shares Plummet 23% by AaronNewcomer on Thursday February 03, 2022 @11:02PM (#30202718)

SNAP talked pretty loudly about the same Apple issues but their stock spiked 62% after their earnings report. So this seems like more of a cop out.

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Re:Facebook Shares Plummet 23% by flowtheorist on Thursday February 03, 2022 @11:30PM (#30202889)

Then you must think it's undervalued so you should buy some FB.

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Re:Facebook Shares Plummet 23% by FractalHQ on Friday February 04, 2022 @12:08PM (#30209483)

It seems a companies true value and its stock price don’t aren’t as correlated as people would like me to believe.

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Re:Facebook Shares Plummet 23% by AaronNewcomer on Thursday February 03, 2022 @11:32PM (#30202904)

My point was it’s even bigger issues, not just or mainly because of Apple’s privacy rules.

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Re:Facebook Shares Plummet 23% by flowtheorist on Friday February 04, 2022 @12:02AM (#30203077)

Facebook has been a zombie for a while now. Maybe the market has caught up. Their stock price didn't make any sense to me when it was high and it still doesn't make sense to me. With stalling growth and lower overall engagement they don't really have anywhere to go so my guess is their stock price is going to continue falling.

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