Should I Buy Facebook Stock Now?

Facebook Inc. (NASDAQ: FB) has been in the news this week as over 180 advertisers are boycotting the social media giant. Founder and CEO Mark Zuckerberg triggered the exodus last week when he said his company won't monitor hate speech and violence on the platform. The stock dropped 11% in the two trading days following dropouts from mega-cap companies like Verizon (NYSE: VZ), Unilever (NYSE: UN), Coca-Cola (NYSE: KO), and Starbucks (NYSE: SBUX). Some analysts expect up to one third of Facebook's total advertisers will join the revolt. So, what do you do if you own the stock? And is this correction a buying opportunity or time to steer clear? The post Should I Buy Facebook Stock Now? appeared first on Money Morning - We Make Investing Profitable . During his Markets Live stream at 8:45 a.m. EDT this morning, Money Morning Technical Trading Specialist D.R. Barton, Jr., answered this exact question for his viewers... To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
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