Facebook stock down 27% overnight losing $200B in value. I believe that is close to the record loss by one company in a day. Losing $10B on the Metaverse project would do that. Now the time to buy in?
Years ago was?
I’ve got all the FB exposure I need in my index funds.
I’m kind of surprised FB didn’t die out 2 years after founding like all the other social media companies
I don’t know anyone that still uses FB. But insta is owned by FB and that’s where all the new kids are at.
I said this at work a couple months ago and the parents of teenagers told me insta isn’t cool anymore either.
And in much of the world, WhatsAppp is the preferred messaging application.
I read the thread title as Facebook Stock Stinks
I am a big FB fan, I am just sad that fewer and fewer of my friends actively post their pictures and thoughts
Everyone is becoming more private about their private life and understandably so. I partially blame cancel culture and people being able to dig up your old posts/pictures from 10 years ago to hassle you
Also the metaverse is doomed
RIP FB
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