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Mark Zuckerberg loses $16B in one day as Facebook stock plunges 20 percent

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posted on Jul, 26 2018 @ 01:25 PM
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Proud to say I've never had a Facebook account.

I think they are going to have serious issues going forward with privacy concerns and that younger people don't really use Facebook.

The problem with a lot of these tech companies is that their "product" is easily replicated and sooner or later, someone figures out how to do it better and users migrate platforms.



posted on Jul, 26 2018 @ 01:29 PM
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Imagine how much he would've lost if he hadn't been shedding shares for a few months now.



posted on Jul, 26 2018 @ 01:31 PM
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a reply to: lakenheath24

i did - profits up [ just not as much as ex[pected ] share dividends up [ more than ex[pected ]

so just answer the question



posted on Jul, 26 2018 @ 01:33 PM
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a reply to: Edumakated

My job is finding employees for companies and I look at every applicants social media pages if they are public domain.

You would not believe what some people put on Facebook.



posted on Jul, 26 2018 @ 01:33 PM
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a reply to: lakenheath24

"Well that escalated quickly..."

I would love to see Zuck get the boot and then make more weird barbecue videos in his backyard when he has nothing to do anymore




posted on Jul, 26 2018 @ 01:34 PM
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I did. Read the links and posts.



a reply to: ignorant_ape



posted on Jul, 26 2018 @ 01:34 PM
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A $16 Bil loss? It couldn't happen to a more deserving alien robot... err... human being than the Zuck.



posted on Jul, 26 2018 @ 01:35 PM
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I can imagine. Young peeps got no idea it seems.

a reply to: Bluntone22



posted on Jul, 26 2018 @ 01:36 PM
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originally posted by: neo96
Yes he did.

Still has $70 billion left.

I hope the shareholders do manage to FIRE him.

The CIA will have something to say about that.



posted on Jul, 26 2018 @ 01:36 PM
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originally posted by: lakenheath24
a reply to: Vasa Croe

Everyone is calling for Elon Musk's head, but this is far worse.

Musk seems to literally be having a mental breakdown. Some of us suspect Tesla is much closer to collapsing than they let on.

a reply to: jadedANDcynical
Some people are now calling for an SEC investigation into why Zuck and other top Facebook people have been selling billions of dollars in Facebook stock recently. It sure looks like they were trying to cash out before bad news tanked the stock price.
edit on 26-7-2018 by AndyFromMichigan because: (no reason given)



posted on Jul, 26 2018 @ 01:37 PM
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What abiut fake acccounts. My facebook name is NOT my christian name. Everyone i know has a fake account for work apps.

a reply to: Bluntone22



posted on Jul, 26 2018 @ 01:38 PM
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originally posted by: ignorant_ape
a reply to: lakenheath24

i did - profits up [ just not as much as ex[pected ] share dividends up [ more than ex[pected ]

so just answer the question




Facebook doesn't pay dividends.



posted on Jul, 26 2018 @ 01:39 PM
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a reply to: lakenheath24

This probably didn't help.

www.theguardian.com...



posted on Jul, 26 2018 @ 01:39 PM
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Exactly my point. Musk missed production goals.....stocks down. 20% of facebokk accounts are fake.....stocks up.


Explain that one.
. a reply to: AndyFromMichigan



posted on Jul, 26 2018 @ 01:44 PM
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No....BUT. whats worse....denying free speech or allowing retarded opinions? In the end though....its about numbers. Peeps aint signing up as fast. And for gods sake would someone at least sake would someone please acknowledge that a large amount of facebook accounts sre known fakes! Why isnt the SEC doing something about that????????


a reply to: alldaylong



posted on Jul, 26 2018 @ 01:46 PM
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a reply to: lakenheath24

Any smart IT department knows exactly what's being used on work computers.

But I'm talking about applicants Facebook pages.
Before they are hired.



posted on Jul, 26 2018 @ 01:52 PM
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A Zuckerberg took down a Titanic internet company.


(sorry, it was all I could come up with)



posted on Jul, 26 2018 @ 01:54 PM
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a reply to: DBCowboy

I bet he's on the lifeboat.....



posted on Jul, 26 2018 @ 01:54 PM
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I know.....which confounds me. Why on gods green earth would you hand over your "real" account to an employer!!!!!!!


9a reply to: Bluntone22



posted on Jul, 26 2018 @ 01:55 PM
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a reply to: Bluntone22

The shareholders are Leo DiCaprio.




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