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re: Social media stocks getting crushed after hours

Posted on 2/2/22 at 4:38 pm to
Posted by FLObserver
Jacksonville
Member since Nov 2005
14491 posts
Posted on 2/2/22 at 4:38 pm to
Makes no sense One falls and everyone is taken down with them.
Posted by they call me horse
Member since Jan 2022
362 posts
Posted on 2/2/22 at 4:47 pm to
quote:

Makes no sense One falls and everyone is taken down with them.


Yes and no.

If FB is losing users/activity then it is likely that so will other social media companies.

Kind of like how if GM announced a drastic drop in revenue, Ford stock would drop.
This post was edited on 2/2/22 at 4:48 pm
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