Facebook Stocks Plummet Over 20%, Billionaire Investor Says It's a Deal
Facebook's stock dropped like 20% this week after it failed to reach the earning it was supposed to reach according to Wall Street. According to billionaire investor Bill Miller the social network's stock is now a deal as it got cheap thanks to the dump.
If you believe in Zuckerberg's ability to pump the social network and keep it going, then Miller says buy the dip. What do you think?
Per Yahoo Finance, Facebook is trading at $174.89 and it fell 0.78% in after market trading recently. Its down from #218.
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I think that Facebook has many ways to earn money on their userbase that has not been tapped into yet. It might be to early to buy if the knife falls further, but definitely worth a look