https://www.mercurynews.com/2019/04/25/a-record-privacy-fine-for-facebook-investors-shrug/

Facebook shares rose sharply the day after the social networking company reported a decrease in first-quarter profit because it set aside $3 billion for an expected privacy fine from the FTC.

Thursday morning, Facebook shares were up more than 6 percent to $194 as investors seemed unfazed by the company’s disclosure of what would be a record fine that has yet to be handed down. The Menlo Park company also reported that its revenue climbed 26 percent from the same period last year and user growth continued, with daily users of the social network rising to 1.56 billion, up 8 percent from a year ago.