• Contact
  • Privacy Policy
  • Advertise With Us
  • Login
  • Register
Your Trading Edge Magazine
Advertisement
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
Your Trading Edge Magazine
No Result
View All Result

Is Facebook Stock Still a Buy?

October 11, 2021
in Trading
Reading Time: 3 mins read
A A
0
Is Facebook Stock Still a Buy?
0
SHARES
11
VIEWS
ShareShareShareShareShare

Facebook has recently suffered performance glitches and is the subject of many controversies. Does the tech giant still have a place in investors’ portfolios, or is this the start of a crashing era?

Facebook has recently made the headlines, and not for any good stories. Frances Haugen, an ex-employee has blown the whistle on the company prioritizing profits over people’s health, and the giant with its many platforms went through a 6-hour downtime and several other glitches last Friday. Facebook is in its biggest crisis since its 2018 Cambridge Analytica scandal – is this the sign that the stock is no longer a buy?

How & Where to Buy Facebook Stock Online

If you want to buy or short-sell Facebook stocks, you can easily do so by opening an account with one of our regulated top brokers listed below:  

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Register with eToro instantly

Pepperstone

Pepperstone was founded in 2010 in Melbourne, Australia by a team of experienced traders with a shared commitment to improve the world of online trading. Frustrated by delayed executions, expensive prices and poor customer support, they set out to provide traders around the world with superior technology, low-cost spreads and a genuine commitment to helping them master the trade. Their mission is to create a world of tech-enabled trading where ambitious traders can embrace the challenge and opportunity of global markets.

Register with Pepperstone instantly

What Is Facebook?

Facebook is a tech American giant founded in 2004 by Mark Zuckerberg. Its platforms, including the social media platform with the same name, Instagram, and WhatsApp, now have more than 2 billion active users from all over the world.

Should I Buy Facebook Today?

Facebook was under public scrutiny as a series of leaked documents proved that the social media giant was aware of how its products, including Instagram, cause significant harm to its users. The company was accused of obtaining profits in exchange for safety. Also, the company suffered a major outage last Monday, followed by a few other glitches in the following days.

Is this slow decline a sign of a dying company investors should recognise? Investors still hold on to the stock, being optimistic that the company can survive this crisis. For instance, the stock price increased by 0.25% yesterday, despite all of these accusations.

For some, Facebook may be on its sure path to destruction. For others, it’s not financially relevant for Facebook to fight harmful content. Also, despite lawmakers’ big words, there has been no action whatsoever since the 2018 Cambridge Analytical scandal. If Facebook is still a good buy or not precisely depends on which side you are. Is Facebook too big to change?

Facebook Price Prediction 2021

Currently trading at about $330.05 per share, the highest forecast is $500 and a low estimate of $300. This will mainly depend on how the giant is able to handle this crisis.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Senator Ted Cruz Proposes “Flared” Gas Energy for Bitcoin Mining

Next Post

Afghan-Women Have Been Able to Use Bitcoin To Flee Afghanistan

Related Posts

Apple to spend $1 billion a year on theatrical film releases
Trading

Apple to spend $1 billion a year on theatrical film releases

March 27, 2023
4
Propane Council Encourages Ports to Apply for Funding
Trading

Propane Council Encourages Ports to Apply for Funding

March 26, 2023
4
U.K. CMA eases its stance on the pending Microsoft-Activision merger
Trading

U.K. CMA eases its stance on the pending Microsoft-Activision merger

March 26, 2023
9
Tether’s Paolo Ardoino says BTC could retest its all-time high amid the banking crisis
Trading

Tether’s Paolo Ardoino says BTC could retest its all-time high amid the banking crisis

March 25, 2023
4
Flare price surging as Deutsche Bank failure push markets down: here’s why
Trading

Flare price surging as Deutsche Bank failure push markets down: here’s why

March 25, 2023
5
Next Post
Afghan-Women Have Been Able to Use Bitcoin To Flee Afghanistan

Afghan-Women Have Been Able to Use Bitcoin To Flee Afghanistan

Recommended

Will DOGE reach $0.50 after the space mission is launched by Elon Musk?

Elon Musk reveals plans to make Twitter the ‘biggest financial institution’

March 9, 2023
5
This is Europe’s Most Crypto-Curious Country (Study)

This is Europe’s Most Crypto-Curious Country (Study)

March 12, 2023
6
Coinbase Launches Base And Other News

Euler Finance Hack And More

March 19, 2023
5
Bank of America double downgraded a satellite TV provider today

Bank of America double downgraded a satellite TV provider today

March 1, 2023
6
Tether and City of Lugano launch Plan Business Hub celebrating Plan’s anniversary

Tether and City of Lugano launch Plan Business Hub celebrating Plan’s anniversary

March 4, 2023
7
Your Trading Edge Magazine

This is an online news portal that aims to share the latest news about trade, finance, crypto and much more. Feel free to get in touch with us!

What’s New Here!

  • Apple to spend $1 billion a year on theatrical film releases
  • Bitcoin Rejected at Critical Resistance, This is the Level to Watch Now: BTC Price Analysis
  • Cathie Wood grills Hindenburg and buys Block shares

Subscribe Now

Loading
  • Contact
  • Privacy Policy
  • Advertise With Us

© 2021 - ytemagazine.com - All rights reserved!

No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe

© 2021 - ytemagazine.com - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?