FACEBOOK DOWN 20,5% FOLLOWING DISAPOINTING REVENUES
Facebook is
down by more than 20% ahead of the market opening following disappointing earnings
and a even more worse outlook. The stock is
down from $218,99,
a new a record high, down to $171,40 in the pre-opening market, leaving NASDAQ
to tumble as well. However the company wiped out more
than $130
billion of its market value and turned bearish and was downgraded by some
analysts this morning. But the greater problem is the outlook. Facebook itself
warned about
decelerating
revenue, higher costs and the ongoing effects of privacy policy change.
Once again following
the poor market volume you´ll see such tremendous corrections or even ups,
depending on the numbers, that could easily have an impact on the whole market.
So make
sure you are defended anytime, with stop limit orders.
You don´t
know how to handle or where to place it?
We are
pleased to tell you more on this issue.
Just call +49 6431 2620772 or drop a line on info@gz-consulting.eu
Kommentare
Kommentar veröffentlichen