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Over $109bn wiped off Facebook's market cap after growth shock

35 pointsby Ours90almost 7 years ago

4 comments

iamgopalalmost 7 years ago
This company has more revenue than a company which feed 1 percent population daily. Go figure.
patrickaljordalmost 7 years ago
For context, here is $fb stock for the past 12 months [1] <a href="https:&#x2F;&#x2F;i.imgur.com&#x2F;R0NwgSb.png" rel="nofollow">https:&#x2F;&#x2F;i.imgur.com&#x2F;R0NwgSb.png</a><p>They&#x27;ve fallen and recovered from way more than that (edit: not) this year.<p>1: <a href="https:&#x2F;&#x2F;www.google.com&#x2F;search?q=%24fb&amp;oq=%24fb&amp;aqs=chrome.0.69i59j0j69i65l2j0l2.1051j0j7&amp;sourceid=chrome&amp;ie=UTF-8" rel="nofollow">https:&#x2F;&#x2F;www.google.com&#x2F;search?q=%24fb&amp;oq=%24fb&amp;aqs=chrome.0....</a>
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pcurvealmost 7 years ago
it&#x27;s still higher than recent low set after the Cambridge incident. The subsequent runup thereafter was quite aggressive as if the incident never even took place.
wilsonnb2almost 7 years ago
Maybe someday we will all realize that daily fluctuations in a company&#x27;s market cap don&#x27;t matter.<p>Just because something happened doesn&#x27;t make it news.