Big Tech TANKING...Likely due to mass exodus of viewers and content providers
Since July 26, 2018 GOOG stock has dropped $68. It began recovering August 6th, with the deplatforming of Alex Jones InfoWars, but starting a tailspin decline August 14th. The implications seem to be that the decision to enter into an all-out censorship war with viewers and content creators was not accompanied by anticipation of mass exodus of viewers and content creators to alternative platforms like Minds.com, DLive,com, DTube,com, Steemit.com and BitChute,com and other social network platforms that I am yet to discover.
The story is the same for FB, but much worse!
https://www.marketwatch.com/investing/stock/goog
https://www.marketwatch.com/investing/stock/fb
Twitter is seriously tanking:
https://money.usnews.com/investing/stocks/twtr-twitter-inc/chart?int=interactive_chart
Image credit: Catholic Lane
What a Train Wreck!
LOL! Yep. Keep an eye on the stocks to see if they recover. Do you think big tech companies planned for heavy stock losses? I think they must have and that would mean they willfully lost stockholder investment. That could result in even more backlash from investors. Two of the big Facebook shareholders are retirement and investment fund managers. I wonder how their investors feel about the decisions their fund managers have made with investors' money...hmmm.
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