Facebook’s $115 billion plunge dwarfs Apple’s $60 billion drop in 2013

To me, Facebook valuation always seemed a bit frothy.

Published July 27, 2018, 6:50am ET · 1 min read

From CNBC: Facebook’s $100 billion-plus rout is the biggest loss in stock market history.

 

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My take: To me, Facebook’s valuation always seemed a little frothy.

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Steven M. Peters
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