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The fall of Facebook becomes a big owner of the technology giant to demand the resignation of the CEO.
Facebook's nearly 20% race after the publication of the quarterly report that did not meet expectations
As has already described Today's Media, the mediocre results of quarterly report, among others, explained by the GDPR and the Cambridge Analytica scandal.
Joakim Bornold, Nordnet's savings economist, explains the market reaction at Dagens Nyheter:
– The FAANG companies (Facebook, Apple, Amazon, Netflix and Google .Red Anm) are very popular, very high and it becomes more difficult to defend the values for each published quarterly report.
However, he does not believe that the stock market is about anyone's bubble that is about to burst.
The Direct News Agency also claims through DN's intermediary that one of Facebook's leading owners, Trillium as set management, should have demanded the departure of CEO Mark Zuckerberg after the report. and the stock market.
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