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Facebook Could Be in Trouble – Here’s What to Do

4 | By Wall Street Insights and Indictments Staff

Facebook Inc. (NasdaqGS:FB)’s stock suffered a 10% decline mid-last week, and things aren’t looking too positive. For the first time ever, the number of U.S. and Canadian Facebook users has plummeted, dropping from 185 million daily active users to 184 million. It’s a small change, but one that could incite some significant variations in the near future.

On this week’s installment of Varney & Co., Shah Gilani discusses how investors should react to the negative news surrounding the most-used social media platform in the business. He and Stuart Varney also discuss what Jerome Powell’s first press conference could mean for interest rates, what the press will ask him, and how the market will respond to it all.

 

4 Responses to Facebook Could Be in Trouble – Here’s What to Do

  1. Leslie says:

    Knowing the addiction that the
    millennial”s have with social media, I seriously doubt that they will walk away from Facebook. The withdrawal would be long and hard. What else would they do with all that extra time, talk face to face with their contacts. I doubt that!
    I will not jump out of Facebook right now, I will stay with it for a while, and watch it closely. If there is a sell off, I will buy low.

  2. Harry says:

    I say CRUSH Facebook stock, Zuckerberg is against Pres. Trump and more will come out into his involvement into trying to rig the election against Trump. Buy Put options to hammer Facebook!!!!

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