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Facebook may have been the biggest blow of recent years. This time, no Cambridge Analytica or Crimson Hexagon is involved, but the company itself. Facebook yesterday released its data for the second quarter of this year, which led to a decline in its share of about 20%, a figure of 100 billion dollars!
The figures released by the company are not really disappointing, but were lower than badysts' forecasts. So, there was a chain of reactions in the stock market, with investors being "crazy" by selling the stock. In particular, badysts expected to 1.48 billion daily users, but the final figure was 1.47 billion daily users. The business figure is expected to be close to $ 13.36 billion, but the company's most profitable market is in the United States and North America in general, which has not experienced increase in daily users for another quarter, while the European market decreased by 3 million daily users.
What Facebook investors are seeing is a saturated market that seems to have already peaked. Therefore, they bet against the company, which can last only a few days or longer, depending on the signs that the market will show in the near future
However, regardless of lower expectations, Facebook has more than 2.5 billion users on all platforms, like Instagram, Whatsapp, and Messenger, so we have to wait a little longer to see how the situation evolves
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