FB is just getting slaughtered from a price and media perspective. Lots of talk about antitrust, competition, poor performance in the early metaverse stage, etc. I struggle over whether this is a real concern or just talking points to lower the price so big players can gobble it up.
The chart looks like many other tech stocks from late last year that continued to sell off another 30+% from here. Surely FB wouldn’t dip all the way down into the $150-$175 range, right? I mean I suppose it’s possible…