Shares & Derivatives
Facebook is changing its name, but will this change its fate?
By Dr Wealth  •  November 2, 2021
Facebook has been under scrutiny for a variety of reasons recently. The company’s service went down for a massive 6-hour outage, preventing many users from using it. Whistle-blowers have also released internal documents reflecting harmful consequences on Facebook users, such as misinformation and violent content. Understandably, these incidents incited greater public scrutiny of the firm. That being said, if you have been following Facebook regularly, you are aware that the company receives bad press almost every year. Remember the Whatsapp crisis from last year? Oh well, you may have forgotten. The point I’m trying to make is that none of this is a huge deal for Facebook and that the media tends to exaggerate things. In the grand scheme of things, this will pass. In fact, if you had purchased Facebook stock during its ‘crisis’ last year, you would today be in the black. Facebook’s woes Nonetheless, there are several facts that may be concerning for the company’s future prospects....
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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