Wednesday, December 19, 2018

Can Facebook Shares Rebound In 2019?

Investing.com Wednesday, December 19, 2018


There’s been a growing mountain of devastating news weighing on Facebook’s stock over the past year. From the Cambridge Analytica scandal in early 2018, to repeated missteps on everything from violent extremism posted on the platform to the departure of multiple senior executives, each event played a role in damaging the company’s reputation as one of the safest social media outlets.  

This continuous barrage of negative headlines hasn't helped the company’s stock recover from its deep slump. Indeed, Facebook is emerging as the biggest loser within the FAANG group in 2018. 

Can the company’s shares recover in 2019?

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