A week or two ago, FB would've dropped 4-5% on a big down market day like today.
dumped my remained APR $33 calls at close
Should have dumped at the noon spike
bought some May $32 calls, but just a handful, already down 10%+ on them
Ahh. The FB I know and love has returned. The market is down less than 1% and loser FB is down 4% with no end in sight. We may end up in the mid 26's today. I love dropping $10K a day on this POS.
the cheap money propping up this stock is going to get expensive real fast. Fundamentally, if Walmart cannot sell stuff, they are not going to advertise either
not necessarily true. challenging sales environments often require increased promotional spending.