Is It Too Late to Buy Facebook Stock?
Back in January, I sold all my shares of Facebook (NASDAQ: FB). At the time, I was concerned about the future of its targeted advertising business, its slowing revenue growth per user, and the escalating regulatory threats. The Capitol riot on Jan. 6 also convinced me it was losing control of its own users.
However, Facebook's stock has risen 40% since I sold my stake. Calls to punish Facebook for its proliferation of fake news and hate speech gradually died down, and its revenue growth accelerated again as its core advertising business faced fewer pandemic-related headwinds.
Image source: Facebook.
Source Fool.com
