Facebook Stock Is Dropping Because Analysts Are Realizing Just How Tough the Ad Business Is
Facebook last month said it has seen a spike in traffic on some of its properties, but with weakening advertising revenue. The question that investors face is the severity of the decline - and how quickly business will recover once the pandemic ends.
21 Apr 2020 ... Among those seeing earnings forecasts slashed: Facebook. While Facebook (FB ) shares have underperformed other mega-cap tech stocks, ...