Their earnings call wasn’t great, which caused its share price to plummet overnight. Everyone said it is a perfect time to get in since Facebook makes so much profits and has a great balance sheet.
The stock rebounded over the next week to 185. And then it fell again to 173.
What gives here? Facebook has a monopoly on social media, plus ventures into vr gaming. Why are people not bullish on this one?
Submitted August 18, 2018 at 11:30AM by Revolver123 https://ift.tt/2Mo5FB5
