Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> What are they afraid of?

Zuckerberg Loses $7 Billion in Hours as Facebook Plunges

https://finance.yahoo.com/news/zuckerberg-loses-7-billion-ho...

Stop the hemorrhaging. Too much bad press for FB lately and it all adds up.



Unrelated to the outage, but I hate headlines like this.

Facebook is down ~5% today. That's a huge plunge to be sure, but Zuckerberg hasn't "lost" anything. He owns the same number of shares today as he did yesterday. And in all likelihood, unless something truly catastrophic happens the share price will bounce back fairly quickly. The only reason he even appears to have lost $7 billion is because he owns so much Facebook stock.

These types of alarmist headlines are inane.


Unlikely to be related. FB's losses today already happened before FB went down, and are most likely related to the general negative sentiment in the market today, and the whistleblower documents. It's actually kind of remarkable how little impact the outage had on the stock.


There was no permanent damage to Facebook as a result of the outage so it's understandable that the stock price wasn't really affected by it


I was thinking the same...




Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: