Quant Stuff: By Functioning Of Facebook Stock Next 5% Daily Declines (Fb)

This materials is non a forecast, it is entirely by functioning which nosotros all know is non indicative of futurity returns, your mileage may vary, unopen comprehend earlier striking etc. etc.
From Schaeffer's Investment Research:

WHAT TO EXPECT AFTER FACEBOOK'S WORST DAY IN YEARS
The FTC is reportedly probing whether FB violated a consent decree

The shares of social media stock Facebook Inc (NASDAQ:FB) plummeted on Monday, suffering their worst one-day loss since March 2014. The ripple effects of the company's data-mining scandal could move felt across the tech sector, dragging FAANG stocks together with the Nasdaq into the red, together with sending Wall Street's "fear gauge" soaring. What's more, if by is prologue, FB stock could perish on to scrap inward the brusque term.

Facebook stock yesterday dropped 6.77% -- its showtime one-day loss of to a greater extent than than 5% since Nov. 3, 2016, simply earlier the U.S.A. presidential election. Prior to that, you'd accept to become dorsum to Feb. 5, 2016, for a single-session driblet of at to the lowest degree 5%. There were no drops of this magnitude inward all of 2015, though the equity racked upwardly quite a few inward 2014 together with 2013. Most of the drops of 5% or to a greater extent than occurred presently subsequently Facebook went world inward May 2012, according to Schaeffer's Quantitative Analyst Chris Prybal.

 

Prior to yesterday, at that spot were 25 one-day drops of at to the lowest degree 5% for FB....MUCH MORE