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"Facebook Stock Slides In After-Hours Trading Following Acquisition Of Oculus Rift"

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http://techcrunch.com/2014/03/25/facebook-stock-slides-in-after-hour-trading-following-acquisition-of-oculus-rift/?utm_campaign=fb&ncid=fb

 

Wall Street doesn’t like what it sees. Facebook’s stock price (NASDAQ:FB) is dropping in after-hours trading after the company announced its purchase of virtual reality startup Oculus Rift. The stock, which closed up on the day, is now under its open price of $64.25, resulting in a loss of $1.5 – $1.8 billion market cap.

 

Negative side affect #2: $1.5 - $1.8 billion loss for Facebook! Oh my, this certainly is interesting. It seems not even stock holders agree with the Oculus acquisition. Hm, who knows, maybe if enough negative news starts coming out, both Oculus and Facebook may back track on the deal. Who knows. Stay tuned. 

COMIC SANS

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Yes lets post more about the Facebook-Oculus debacle. 

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Why let a company that is projected to not exist in 3 years acquire you?

 

Facebook is dead...it's not cool anymore.

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Facebook is trying to take over the world.

Google is way ahead of them

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Google is way ahead of them

At least Google develops technology to help the world  not drive the world apart like Facebook.

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LOL they just loss all the money they trowed at oculus xD

this is one of the greatest thing that has happened to me recently, and it happened on this forum, those involved have my eternal gratitude http://linustechtips.com/main/topic/198850-update-alex-got-his-moto-g2-lets-get-a-moto-g-for-alexgoeshigh-unofficial/ :')

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Don't forgot $1.6 billion of the trade was to be facebook stock

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Guys.... a 1% drop in stock value is little to nothing.... The market does this all the time. Trust me... I work with stocks... this isn't a blow to facebook at all...

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Fundamentals don't have that much of an affect on the stock.

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Fundamentals don't have that much of an affect on the stock.

Actually fundamentals are always king lol... 

Like watching Anime? Consider joining the unofficial LTT Anime Club Heaven Society~ ^.^

 

 

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