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Facebook Losses Big Bucks

Pretty steep stock decline

     
4:34 pm on Jul 26, 2018 (gmt 0)

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Zuck loses $16B in 5 minutes, key shareholder calls for his head as Facebook shares crater stocks drop 20%

[foxnews.com...]
4:49 pm on July 26, 2018 (gmt 0)

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Facebook generated $13.23 billion in second-quarter revenue, up 42 percent year-over-year.

Yup, he should be fired. What horrible results....
4:58 pm on July 26, 2018 (gmt 0)

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Zuck loses $16B in 5 minutes

His shares are not real money as long as they are not sold. So it's not really a "loss". I loose money when I have less on my bank account from one month to another... which is the case...
5:52 pm on July 26, 2018 (gmt 0)

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Wall Street punished FB yet again ... the company losing 100B (that's a Billion) in yesterday's trading. Seems future expectations are all on the negative side (no growth, new expenses, continuing privacy issues).
 

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