Facebook Shares Plummet 23%

[nabla9]

        FB     SP500
  -------------------
  IPO +540%    +250%
  5y   +88%     +97%
  2y   +22%     +42%
  1y    -7.4%   +20%

Growth is behind, struggle for survival begins.

[cuteboy19]

Will we start seeing tech companies become dividend paying utility stocks? Surely we are past the growth stage for many FAANG-like companies

[flowtheorist]

What's fascinating is that people knew that Facebook's business model was based entirely on targeted advertising and yet they did not see this development. What did people think was going to happen when Apple decided to enforce more stringent privacy requirements on data sharing?

[AaronNewcomer]

SNAP talked pretty loudly about the same Apple issues but their stock spiked 62% after their earnings report. So this seems like more of a cop out.