Regulators Are Targeting Facebook Again, So Buy Facebook Stock
InvestorPlace | December 12, 2018
The troubles continue for Facebook. Facebook stock has had its worst year since its initial public offering, as allegations of data misuse continue to plague the company. Those allegations have already contributed to a decline in the Facebook stock price of over 35%. Now yet another threat has surfaced, this time from the U.K. Specifically, a British parliamentary committee has released data that could create trouble for FB stock. However, historically such revelations have proven bearish in the short-term and bullish over the long-term for large companies. The Facebook stock appears to have followed this same pattern, so investors should use the current weakness of FB stock as a buying opportunity.