Thursday, 26 July 2018

Ripple Effects of Facebook Slump Already Spreading

Ripple Effects of Facebook Slump Already Spreading

The ripple effects from Facebook's (FB) disappointing revenue results Wednesday are already being felt as the social media giant became the second of the big tech names to lay an egg this earnings season. The Invesco QQQ Trust ETF (QQQ) , which tracks the performance of the Nasdaq, fell sharply in after-hours action Wednesday, sliding $3.97, or 2.17% to $182.82.
Read more: https://www.thestreet.com/technology/ripple-effects-of-facebook-slump-already-spreading-14662653?source=Snapzu

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