Current Events > Facebook loses $120 billion in market cap after awful Q2 earnings. Down 20%.

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Capn Circus
07/25/18 7:11:54 PM
#1:


"Facebook's share price fell over 20 percent in after-hours trading today after the company announced its slowest-ever user growth rate and a scary warning that its revenue growth would rapidly decelerate. Before today's brutal Q2 earnings, Facebook's share price closed today at $217.50, but fell to around $172 after the earnings call. That's a market cap drop of roughly $123 billion. In two hours, Facebook lost more value than most startups and even public companies are ever worth.

-Facebook's monthly user count grew just 1.54, compared to 3.14 last quarter. Daily active users grew even slower at 1.44 percent, compared to 3.42 percent last quarter.

-Facebook saw its first-ever decline in monthly user count in Europe, from 377 million to 376 million. It got stuck at 241 million in the US & Canada after similarly pausing at 239 million in Q4 2017.

-Facebook's revenue grew a remarkable 42 percent year-over-year this quarter. But CFO David Wehner warned that metric would decelerate by high single-digit percentage per quarter over the coming quarters."


I'm very disappointed and losing thousands of theoretical dollars right now. The bright side is I've owned the stock since the low 40s, but I was really hoping to see it soar today. Oh well.. another month or two set back I guess. It's a stock I intended to hold for years anyways.

https://finance.yahoo.com/news/facebook-loses-120-billion-market-223747425.html
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Authentic_fan
07/25/18 7:13:00 PM
#2:


Good.
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SpinKirby
07/25/18 7:13:31 PM
#3:


Authentic_fan posted...
Good.

Reported
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thronedfire2
07/25/18 7:14:32 PM
#4:


Thanks, Trump
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Zack_Attackv1
07/25/18 7:14:33 PM
#5:


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Kazi1212
07/25/18 7:16:59 PM
#6:


Buy the dip!
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__aCEr__
07/25/18 7:17:27 PM
#7:


There are still a lot of cats and dogs out there that don't have their own Facebook pages.
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FL81
07/26/18 12:53:46 PM
#8:


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Unsugarized_Foo
07/26/18 12:57:05 PM
#9:


buy!
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E32005
07/26/18 12:58:21 PM
#10:


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Shotgunnova
07/26/18 12:58:36 PM
#11:


Thanks, Ozuckma.
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SuperMedz3
07/26/18 12:58:42 PM
#12:


FL81 posted...
Facebook can't die quickly enough

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Caution999
07/26/18 12:59:40 PM
#13:


SuperMedz3 posted...
FL81 posted...
Facebook can't die quickly enough

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Capn Circus
07/26/18 1:08:59 PM
#14:


Facebook will be around for a long time. In one form or another
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FaultyGourry
07/26/18 1:11:21 PM
#15:


Authentic_fan posted...
Good.

Caution999 posted...
SuperMedz3 posted...
FL81 posted...
Facebook can't die quickly enough

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The Great Muta 22
07/26/18 1:11:47 PM
#16:


Good. Fuck Zuckerberg, dude is trash
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AlephZero
07/26/18 1:12:41 PM
#17:


Hopefully more people realize how cancerous social media is.
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Master_Bass
07/26/18 1:14:21 PM
#18:


FaultyGourry posted...
Authentic_fan posted...
Good.

Caution999 posted...
SuperMedz3 posted...
FL81 posted...
Facebook can't die quickly enough

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CruelBuffalo
07/26/18 1:15:49 PM
#19:


FB owns WhatsApp and IG people...
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The Great Muta 22
07/26/18 1:16:56 PM
#20:


CruelBuffalo posted...
FB owns WhatsApp and IG people...


So?
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VectorChaos
07/26/18 1:18:02 PM
#21:


Master_Bass posted...
FaultyGourry posted...
Authentic_fan posted...
Good.

Caution999 posted...
SuperMedz3 posted...
FL81 posted...
Facebook can't die quickly enough

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Anarchy_Juiblex
07/26/18 1:19:18 PM
#22:


I made $500 on AMD today because it shot up to $18.20.

I sold all my shares. It'll dip for sure.
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Capn Circus
07/26/18 1:25:32 PM
#23:


Anarchy_Juiblex posted...
I made $500 on AMD today because it shot up to $18.20.

I sold all my shares. It'll dip for sure.


Nice. I bought some too at around $17. Going to keep it at least until tomorrow because I'm greedy.

It does have a tendency to dip, though
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Nomadic View
07/26/18 1:41:29 PM
#24:


Wonder how much, if any, has to do with liberal bias policies on Facebook?
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The Great Muta 22
07/26/18 2:36:54 PM
#25:


Nomadic View posted...
Wonder how much, if any, has to do with liberal bias policies on Facebook?


Probably next to nothing, considering it's far more likely the Cambridge Analytical story that blew up occurred in Q2
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pres_madagascar
07/27/18 3:59:12 AM
#26:


Nows a good time to buy Facebook stock, yes? Or wait and see if it dips again today?
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Capn Circus
07/27/18 8:53:32 AM
#27:


pres_madagascar posted...
Nows a good time to buy Facebook stock, yes? Or wait and see if it dips again today?


Probably a good time to buy if you want in.
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pres_madagascar
07/27/18 8:59:48 AM
#28:


Capn Circus posted...
pres_madagascar posted...
Nows a good time to buy Facebook stock, yes? Or wait and see if it dips again today?


Probably a good time to buy if you want in.

I may just do it. I'm 31 and trying to learn the market, since my company's 401k is ass, I want to start a retirement stock account on my own but am clueless.
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PrettyBoyFloyd
07/27/18 9:03:32 AM
#29:


Capn Circus posted...
Facebook will be around for a long time. In one form or another

GameFAQs will die long before Facebook.
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OmegaPillow
07/27/18 9:07:57 AM
#30:


pres_madagascar posted...
Capn Circus posted...
pres_madagascar posted...
Nows a good time to buy Facebook stock, yes? Or wait and see if it dips again today?


Probably a good time to buy if you want in.

I may just do it. I'm 31 and trying to learn the market, since my company's 401k is ass, I want to start a retirement stock account on my own but am clueless.

I wanna learn how do I invest
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lesidesi
07/27/18 9:11:08 AM
#31:


if you're going to try outperforming the market through stock picking, make sure you understand what your edge is
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