Will an Ad Boycott End Facebook’s 500% Rally Over the Past 8 Years?
Facebook (NASDAQ: FB) is one of the world's largest digital advertising companies, but a growing number of major companies -- including Coca-Cola, Microsoft, Starbucks, Sony, and Target -- recently suspended their ad purchases for at least a month in an organized boycott.
Calls for a boycott started on June 17, when a coalition of civil rights organizations accused Facebook of allowing hate groups to flourish across its social network.
Source Fool.com