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Articles That Matter:

What Goes up, Must Come Down
by Geoff Garbacz

July 26, 2018

Facebook (FB) stock is down by 25% this morning. It will be the biggest loss ever for Facebook. The loss is equal to the value of IBM, Nike and Qualcomm. That puts the loss in perspective.

Facebook

This proves that what goes up up must come down and when it comes down is often an elevator ride to the downside. The current market is beginning to see such drops becoming more common place. Last week Netflix (NFLX) fell by 15% intraday before recovering to close down only -5%.

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