Facebook Woes

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According to Bloomberg, Facebook Inc. is heading toward its worst month since May 2013 after an analyst report warned of a temporary pullback in advertising and the FTC confirmed it’s investigating the social network’s privacy practices.

Questions:

  1. How much market value for Facebook stock has been erased in the last 10 days?
  2. What is the new probe by the FTC into Facebook privacy issues?
  3. When is Facebook is scheduled to report quarterly earnings and what is the prediction on results?

Source:

Verhage, J. (2018).Facebook Stock Heading Toward Worst Month in Over Four Years. Bloomberg.com, March 26 (Retrievable online at https://www.bloomberg.com/news/articles/2018-03-26/facebook-heading-toward-worst-month-since-august-2012)