I can't be the only one who is not surprised by FB stock going down. Years ago I was on Facebook multiple hours daily, then I got to the point where I looked at my Facebook a few times a week, then once a week, now about only once or twice a month. Others I know use it less often as well. So was surprised the stock kept going up and up. Eventually something had to give. I for one am so bored with social media sites like Facebook so others must be as well. When they came out they were cool, but after a few years of using them I am pretty much over them. I mean I use Foursquare and Twitter weekly a bit more but only for a few minutes at a time like when I am waiting for my morning coffee at Dunkin Donuts. I would rather play Clash of Clans on my IPhone than read some junk someone posted to FaceBook. IMHO social media sites have jumped the shark, I am looking forward to the next big thing....
What is the 'next big thing' ?
Don't confuse the stock price with the company.
FB didn't go straight up at IPO; it went down (negative) for about a year.
Too much of anything is no good; reversal of the mean (lol)