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Facebook stock plunge: Brief setback or portent of trouble?

Facebook stock plunge: Brief setback or portent of trouble?

6 years ago
Anonymous $RBasgWKaIV

https://apnews.com/5cabed0ca74d44188a9ab4587920a948

NEW YORK (AP) — Thursday's massacre of Facebook shares, which plunged 19 percent in the biggest one-day drop in history, answers one big question. Turns out the stock can fall every bit as fast as it rises.

But others await. Is this a temporary setback for the giant social network, or the start of a painful new journey? And does it portend similar trouble for other high-flying tech giants?

Facebook stock plunge: Brief setback or portent of trouble?

Jul 27, 2018, 8:13am UTC
https://apnews.com/5cabed0ca74d44188a9ab4587920a948 > NEW YORK (AP) — Thursday's massacre of Facebook shares, which plunged 19 percent in the biggest one-day drop in history, answers one big question. Turns out the stock can fall every bit as fast as it rises. > But others await. Is this a temporary setback for the giant social network, or the start of a painful new journey? And does it portend similar trouble for other high-flying tech giants?