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Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform

 
Dr Heydrich
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User ID: 79077363
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06/27/2020 03:56 PM
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Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Bye Bye you Pravda-like commies!

[link to www.newsweek.com (secure)]

Facebook watched as $56 billion was wiped off its market value on Friday after a slew of major advertisers said they would be boycotting the social network.

The platform's stock price plunged by more than 8 percent, with shares expected to cost $212.50 a piece when markets open on Monday, down from $235 when markets closed on Thursday.
“No amount of evidence will convince an idiot.” Mark Twain
"Politicians are the lowest form of life on earth. Liberal Democrats are the lowest form of politicians." G.S.Patton
Dr Heydrich  (OP)

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06/27/2020 03:57 PM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Bloomberg reported that Facebook's value had fallen by $56 billion, adding that the downturn had also taken $7.2 billion off of Mark Zuckerberg's net worth.
“No amount of evidence will convince an idiot.” Mark Twain
"Politicians are the lowest form of life on earth. Liberal Democrats are the lowest form of politicians." G.S.Patton
Anonymous Coward
User ID: 45224624
United Kingdom
06/27/2020 04:05 PM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
TRUMP-wng1
Anonymous Coward
User ID: 72384418
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06/27/2020 04:10 PM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Bye Bye you Pravda-like commies!

[link to www.newsweek.com (secure)]

Facebook watched as $56 billion was wiped off its market value on Friday after a slew of major advertisers said they would be boycotting the social network.

The platform's stock price plunged by more than 8 percent, with shares expected to cost $212.50 a piece when markets open on Monday, down from $235 when markets closed on Thursday.
 Quoting: Dr Heydrich


I mean you are mad at Facebook?

Facebook!

cruise


cruisewuflu
Anonymous Coward
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06/27/2020 04:13 PM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Sell..sell..sell..cramer rant

Dr Heydrich  (OP)

User ID: 79077363
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06/27/2020 04:15 PM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Bye Bye you Pravda-like commies!

[link to www.newsweek.com (secure)]

Facebook watched as $56 billion was wiped off its market value on Friday after a slew of major advertisers said they would be boycotting the social network.

The platform's stock price plunged by more than 8 percent, with shares expected to cost $212.50 a piece when markets open on Monday, down from $235 when markets closed on Thursday.
 Quoting: Dr Heydrich


I mean you are mad at Facebook?

Facebook!

cruise


cruisewuflu
 Quoting: Anonymous Coward 72384418


Mad? Surely you jest! lol
“No amount of evidence will convince an idiot.” Mark Twain
"Politicians are the lowest form of life on earth. Liberal Democrats are the lowest form of politicians." G.S.Patton
Anonymous Coward
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07/02/2020 09:08 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Got this in e'mail this morning...



"Last week we joined over 270 other companies that include Coca-Cola, Hershey, Ford, Verizon, Honda, The North Face, REI, Patagonia, Levi’s, HP, Starbucks, and others in pausing our Facebook advertising for lack of hate speech moderation.

We are Steger Mukluks."


Steger is a family owned company in Ely Minnesota.

"lack of hate speech moderation"



chuckle
ChefElvis

User ID: 13652864
United States
07/02/2020 09:26 AM

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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
lolsign
A legend in my own mind
Anonymous Coward
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07/02/2020 09:55 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
"Need to define Hate speech moderation??"
Sounds like Communism to me or fascists
No free speech
Anonymous Coward
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Moldova
07/02/2020 09:56 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
carsh the communist terrorists man johnny
Anonymous Coward
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United States
07/02/2020 10:21 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
IPO was Russian stock fraud.

Monroe Doctrine.
Anonymous Coward
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United States
07/02/2020 10:39 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
IPO was Russian stock fraud.

Monroe Doctrine.
 Quoting: Anonymous Coward 69489708


Twit also was Russian stock fraud.

DELIST BOTH NOW

TODAY.
Smitis

User ID: 79098706
Ukraine
07/02/2020 10:57 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
lolsign
 Quoting: ChefElvis


It is quite logical. The global crisis affects each of us. My company actually stopped working at 20% of the total capacity. I also stopped my Facebook ads.
Anonymous Coward
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Canada
07/02/2020 10:58 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Corporations saying if FBI does not censor they won't get money. Outright blackmail by he corporate mafia to stifle free speech as they sell our civilization out to china for profit.

This will lead to a chinese takeover of the world.

This is the real revolution. something all of us can get behind. It is time for change.

Wwg1wga
Anonymous Coward
User ID: 2365465
United States
07/02/2020 11:05 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
I dunno, just google "facebook stock price" and look at the 5 year. They seem to be doing just fine.
Anonymous Coward
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United States
07/02/2020 11:12 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
I dunno, just google "facebook stock price" and look at the 5 year. They seem to be doing just fine.
 Quoting: Anonymous Coward 2365465


IPO WAS FRAUD
diverdan01

User ID: 39516942
United States
07/02/2020 11:14 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
GOOD..let the little NWO commie bitch suckerberg make ghey porn for a living
Re-Named- 777

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07/02/2020 11:16 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
is he gonna be arrested as well.

I read somewhere theres a video/ statement of him saying how great adrenochrome is on epsteins island

Weird timing, but nothing is coincidence
Better to live for today, than wait for a day that never comes.
Anonymous Coward
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Serbia
07/02/2020 11:22 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Wait, is this good or bad?

I never used Facebook.
Anonymous Coward
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United States
07/02/2020 11:22 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
is he gonna be arrested as well.

I read somewhere theres a video/ statement of him saying how great adrenochrome is on epsteins island

Weird timing, but nothing is coincidence
 Quoting: Re-Named- 777


Why not drag bigfoot's corpse through the thread?

Misdirecting chumster.
Anonymous Coward
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07/02/2020 11:27 AM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
White people... just quietly ..SMILE SWEETLY ... Say W.T.F (meaning withdraw the financials) AND .... Freeze out BLM/Antifa anyway you can dream up. Be the invisible WHITE PLAGUE
Anonymous Coward
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07/02/2020 12:34 PM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
corporations tend to get wrekt when the alienate half the country against them with the political bullshit.
Anonymous Coward
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07/02/2020 12:40 PM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Companies that dont produce tangible goods are always at risk of losing it all. Im really surprised there hasnt been another dot com burst.
dogman17

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United States
07/02/2020 12:48 PM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Who will miss Facebook when it's gone?
Just don't make anything up.
Anonymous Coward
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07/02/2020 07:33 PM
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Re: Facebook Market Value Plummets $56 Billion as Advertisers Flee Platform
Facebook is foopsbook! ! !





GLP