Facebook share price down 20% after earning miss

Facebook share price down 20% after earning miss(finance.yahoo.com)

34 points by boto3 4 years ago | 10 comments

boto3 4 years ago |

Seems like the metaverse is not selling well to the Wall street in the real universe :)

missedthecue 4 years ago | |

Probably means it's going to pay off in spades.

zipiridu 4 years ago |

Facebook is facing competition from TikTok and will have a very hard time breaking their momentum. Always go long Google and short Facebook.

MerelyMortal 4 years ago |

Duplicate (older with more comments): https://news.ycombinator.com/item?id=30184104

xqcgrek2 4 years ago |

Seems like the decade long tech bubble is finally popping

systemvoltage 4 years ago | |

Google posted earnings yesterday and stock popped by 10%. This is more to do with FB than tech bubble FUD. Also they broke out the reality labs division for the first time, presumably indicating not-so-rosy picture of what FB is betting on in the future with Meta verse.

xqcgrek2 4 years ago | | |

Google is down on FB earnings. The market has strong correlations.

dhruval 4 years ago | | |

This is partly because of the 10:1 stock split google announced.

sjtindell 4 years ago | |

What bubble? These are literally some of the largest, most profitable companies on the planet earth.