I haven’t worked at FB in almost 5 years, and it’s definitely a clear milestone on growth not being massive always, but shaving 2 dimes off the market cap seems, abrupt. You’d think the cap might slow its growth more gradually and (if DAUs go up again) gain more gradually.
I appreciate companies only release rock solid figures on a certain cadence, but there’s like a zillion analysts who can read tea leaves.
IMHO tech equities are pricey in general, but for someone who wants FAANG exposure this might be the bargain at Barney’s Upper East?
I appreciate companies only release rock solid figures on a certain cadence, but there’s like a zillion analysts who can read tea leaves.
IMHO tech equities are pricey in general, but for someone who wants FAANG exposure this might be the bargain at Barney’s Upper East?
I hold no FB stock btw.