Should I Buy Facebook Stock Right Now?
The coronavirus pandemic is causing shockwaves around the world. Several countries, including the U.S., Italy, Spain, France, India, and others, have requested large swaths of their population stay home to slow the infection rate for COVID-19 and help manage it.
As a result, numerous businesses have been adversely affected and it is reducing revenue for many of these companies to close to zero. Social networking giant Facebook (NASDAQ: FB) is feeling some effect from these actions as well, but it has been fortunate since its conservative financial management has helped it navigate the worst of the downturn.
Let's take a closer look at how the novel coronavirus pandemic is affecting Facebook operations and consider if now is a good time to buy Facebook stock.
Source Fool.com
