Facebook Stock Plunges Again, Analysts Still Not Worried

Facebook Stock Plunges Again, Analysts Still Not Worried
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Facebook Inc (NASDAQ:FB) stock flipped back into the red during premarket trading hours today after what looked like a recovery on Thursday. The social media firm announced changes to its privacy settings in an attempt to calm users and investors. Analysts continue to expect no impact on the company’s fundamentals, but investors’ fears about Facebook stock don’t appear to be resolved yet.

Mark Zuckerberg speaks out… and returns fire at Tim Cook

Facebook CEO Mark Zuckerberg finally broke his silence over the data privacy concerns involving Cambridge Analytica in an interview with Vox co-founder Ezra Klein. Clearly, he was trying to calm users, but some of what he said may be seen as even more concerning in light of the data misuse situation.

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For example, Klein noted that Zuckerberg said in another recent interview that Facebook’s position is closer to that of a government rather than a company. This view alone should be