CSNbbs

Quote:Facebook sank as much as 4.5% on Monday as investors continued to balk at the platform's ban of President Donald Trump.

The slide saw $33.6 billion erased from Facebook's market cap at intraday lows. Shares have since pared some losses and now trade about 2.6% lower.
The stock's decline comes as Wall Street reconciles with the president's role in encouraging supporters to storm the Capitol on Wednesday. Facebook CEO Mark Zuckerberg announced on Thursday the company would ban Trump "indefinitely," adding the risks of allowing him to remain on the platform "are simply too great."

Twitter, which permanently banned Trump on Friday, also underperformed the broader market slump on Monday. The downturns saw the communications-services stocks drop more than any other S&P 500 sector.

While Facebook is far from the only platform to ban Trump, it is among the largest to do so. Investors likely fear that the move will lead pro-Trump users to boycott the website and congregate elsewhere. Right-wing social-media platform Parler was poised to take in such users until Amazon removed the website from its hosting service.

Additionally, CNN's Kevin Liptak reported on Monday that the president might retaliate against big tech companies in response to the bans. He signaled he may lash out through executive actions against the companies but it's unclear what those policies would look like, sources familiar with the matter told CNN.
Facebook traded at $259.78 as of 11:45 a.m. ET, down roughly 4% year-to-date. The company has 51 "buy" ratings, three "hold" ratings, and two "sell" ratings from analysts.

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GOOD, may you communist punks loose every penny you have.

Buy buy buy. :-)

(01-11-2021 07:50 PM)swagsurfer11 Wrote: [ -> ]Buy buy buy. :-)

I might at the bottom. It ain't there yet.

(01-11-2021 07:50 PM)swagsurfer11 Wrote: [ -> ]Buy buy buy. :-)

1200.00 + 600.00 son....1800.00

I'd rather buy a few cheap hookers...

(01-11-2021 07:50 PM)swagsurfer11 Wrote: [ -> ]Buy buy buy. :-)

Yep, you should buy. Why don't you ask your mom for next weeks allowance today.

(01-11-2021 07:50 PM)swagsurfer11 Wrote: [ -> ]Buy buy buy. :-)

Only if you are buying short .....

(01-11-2021 07:50 PM)swagsurfer11 Wrote: [ -> ]Buy buy buy. :-)

Do you have a Series 7 license?

(01-12-2021 07:52 AM)TheOriginalBigApp Wrote: [ -> ]

(01-11-2021 07:50 PM)swagsurfer11 Wrote: [ -> ]Buy buy buy. :-)

Do you have a Series 7 license?

Ok, you just punked hell out of the libtard. +3

$34 billion is a start, but it's still a long way to go to where it should be at.

730 billion more to go.

My wife and I bailed out on fakebook years ago. It is just people posting photos that make them look happy and/or interesting. U get friend requests from people you couldn’t bother to keep in touch with otherwise. Meanwhile the fakebook cocksvckers data mine you and sell your like and dislikes. Glad to see some people are finally seeing the light.

Zuckerberg. Get woke and go broke a$$hole.

Facebook down another 2% today, as is twitter. Amazon down slightly like it was yesterday.

Yet the overall markets were flat yesterday and today.