Pullback in Facebook Makes for a Good Opportunity
The share price of Facebook (FB) dropped yesterday mostly due to a negative analyst report.
The pullback could make a for a good opportunity. The valuation is good right now. Regulatory concerns seem overblown. More regulations on social media helps ensure their dominance and a breakup would actually reward investors. Google Chrome’s cookie situation could be a concern, but not likely too much as Google depends on ads too.