In the long term, the company's stock still looks very good.
But now several global factors influence the share price at once:
On October 4, due to a global outage, Facebook shares fell 5% in one day. This factor is short-term: problems will be fixed, vulnerabilities will be eliminated. However, there is also a long-term impact. This glitch showed how easy it is for a huge tech company to lose its business to internet problems.
On October 4, Facebook filed a motion to reject the updated Federal Trade Commission (FTC) antitrust lawsuit aimed at dividing the company. The FTC filed a lawsuit last year, but the judge dismissed it. Since then, the commission has prepared an updated version for the trial. If Facebook is recognized as a monopoly, then it is threatened with separation. The consequences of this and how it will be implemented are not yet clear, but nothing good can be expected from this.
General decline in the US market and technology sector. Facebook (FB) shares began to fall back on September 10 and have already lost 14% from the top. If the US market continues to fall, then Facebook (FB) will be one of the main candidates for cuts.
So Facebook (FB) has a lot of problems at the moment. But this is how the stock market works: when companies are doing well, their shares are expensive; and when companies have problems, their shares fall in price, but no one wants to buy them anymore.
Therefore, if you are determined for the long-term growth of the company, then you can gradually recruit shares in your portfolio.
thank you for your attention!