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S&P 5007,709.80−0.57%
Dow Jones51,635.10−0.46%
Nasdaq 10030,326.00−1.13%
Russell 20002,823.57−0.69%
S&P 5007,709.80−0.57%
Dow Jones51,635.10−0.46%
Nasdaq 10030,326.00−1.13%
Russell 20002,823.57−0.69%
S&P 5007,709.80−0.57%
Dow Jones51,635.10−0.46%
Nasdaq 10030,326.00−1.13%
Russell 20002,823.57−0.69%
S&P 5007,709.80−0.57%
Dow Jones51,635.10−0.46%
Nasdaq 10030,326.00−1.13%
Russell 20002,823.57−0.69%
S&P 5007,709.80−0.57%
Dow Jones51,635.10−0.46%
Nasdaq 10030,326.00−1.13%
Russell 20002,823.57−0.69%
Technology

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

To me, Facebook valuation always seemed a bit frothy.

By Steven M. Peters
Published July 27, 2018, 6:50am ET · 1 min read
𝕏 f

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

 

facebook

Click to enlarge.

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

Contact [email protected] for any questions or corrections.

Steven M. Peters
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