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Social media stocks getting crushed after hours
Posted on 2/2/22 at 3:58 pm
Posted on 2/2/22 at 3:58 pm
FB, SPOT, etc. all down 10-20%. Yikes, the margin calls for some tomorrow might get ugly.
Posted on 2/2/22 at 4:00 pm to GeneralLee
Paypal was down 25% today.
Posted on 2/2/22 at 4:20 pm to CarolinaGamecock99
quote:
What caused it?
Meta/FB & spotify announced earnings after the close.
Meta down 22 percent.
When Meta sneezes the social media world catches a cold.
Posted on 2/2/22 at 4:36 pm to GeneralLee
Straight drop on NQ_F after FB earnings. Lol
Posted on 2/2/22 at 4:38 pm to GeneralLee
That whole basket of shite is still overvalued.
Posted on 2/2/22 at 4:38 pm to GeneralLee
Makes no sense One falls and everyone is taken down with them.
Posted on 2/2/22 at 4:47 pm to FLObserver
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
Posted on 2/2/22 at 4:58 pm to GeneralLee
Amazon announces earning after the bell tomorrow 2/3.
If they miss badly the nasdaq going to get smoked again.
Apple is the only fang that's killing it.
If they miss badly the nasdaq going to get smoked again.
Apple is the only fang that's killing it.
Posted on 2/2/22 at 5:11 pm to they call me horse
"Apple is the only fang that's killing it."
Alphabet/Google also smashing positive numbers!
Alphabet/Google also smashing positive numbers!
This post was edited on 2/2/22 at 5:12 pm
Posted on 2/2/22 at 5:13 pm to ItzMe1972
quote:
Alphabet/Google also smashing positive numbers!
Yeah, forgot them.
Although most of their bounce was due to 20-1 stock split.
(Which is kind of silly, but people are silly)
Posted on 2/2/22 at 5:26 pm to they call me horse
quote:
Yeah, forgot them.
Although most of their bounce was due to 20-1 stock split.
(Which is kind of silly, but people are silly)
Google crushed it. Green light to buy here around 2900 IMO.
Posted on 2/2/22 at 5:36 pm to GeneralLee
What the hell is FB spending so much damn money on!?!?! That’s crazy. They have an amazing project management team so I guess I’ll trust them… but damn!
Posted on 2/2/22 at 5:37 pm to GeneralLee
this volatility makes the crypto markets look stable
Posted on 2/2/22 at 5:42 pm to LSUregit
quote:
Google crushed it. Green light to buy here around 2900 IMO.
I'm kind of surprised that Berkshire Hathaway hasn't taken at least a small stake in GOOGL.
EPS 103 & pe 27.
Berkshire Hathaway owns over $159 billion of Apple, and owns 2 percent in Snowflake.
This post was edited on 2/2/22 at 5:51 pm
Posted on 2/2/22 at 5:48 pm to they call me horse
quote:
Apple is the only fang that's killing it.
How is Netflix still in this club?
Faag is way more appropriate these days.
Posted on 2/2/22 at 5:58 pm to they call me horse
quote:
Apple is the only fang that's killing it.
MSFT also blew out
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