Birdwatch Note Rating
2022-07-15 05:24:36 UTC - HELPFUL
Rated by Participant: 97515CADF65C453D29002ED3B777C2273FE9CC69E7FBC898F63673DBA7092FD0
Participant Details
Original Note:
The stock drop was mostly due to weak revenue growth (advertising sales) and Apple's new data privacy policy (cutting the automated data feeds that serve ads on Facebook, Insta, etc. to a device). https://www.cnbc.com/2022/02/03/facebook-shares-plummet-22percent-after-reporting-weak-guidance.html https://www.theguardian.com/technology/2022/feb/03/why-facebook-shares-are-in-freefall-meta-zuckerberg
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