{"id":8197,"date":"2016-06-29T15:02:04","date_gmt":"2016-06-29T15:02:04","guid":{"rendered":"\/articles\/?p=8197"},"modified":"2016-06-29T15:14:37","modified_gmt":"2016-06-29T15:14:37","slug":"facebook-inc-nasdaqfb-dropping-since-brexit","status":"publish","type":"post","link":"\/articles\/facebook-inc-nasdaqfb-dropping-since-brexit\/","title":{"rendered":"Facebook Inc (NASDAQ:FB) Dropping Since Brexit"},"content":{"rendered":"<p>tags: FB <\/p>\n<p><img decoding=\"async\" style=\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 11px; float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93822\/fb_6m_450x350.png\" border=\"0\" \/>This year has went rather well for the stock of Facebook Inc (NASDAQ:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FB\">FB<\/a>), as it has climbed well over the $100 per share mark. This company stock has shown some hesitation in this month, but has still kept most of the value that it gained.<\/p>\n<p>&nbsp;<\/p>\n<p>The main concern that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FB\">FB<\/a><\/strong> is facing is that only 200 million of its 1 billion daily users are in the USA. Given the fact that a lot of the rest are located in Europe and the United Kingdom the Brexit vote will most likely have a significant effect on the revenues that the company is able to generate.<\/p>\n<p>&nbsp;<\/p>\n<p>A total 24% of the company&rsquo;s revenue was generated in Europe in the last year, so the recent events pose a threat to investor value, as advertising demand or currency translation issues may hurt the valuation of the company.<\/p>\n<p>&nbsp;<\/p>\n<p>Last week ended with a 2.61% loss and we saw <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FB\">FB<\/a><\/strong> drop another 2.77% in yesterday&rsquo;s trading, finishing the session with a price of $108.97. Still, the company stock is showing better potential in today&rsquo;s trading and is already trading 2.60% un the charts as of the writing of this article.<\/p>\n<p>&nbsp;<\/p>\n<p>It is yet to become more clear what the actual impact of Brexit will do to <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FB\">FB<\/a> and many other companies, so be sure to do your due diligence and weigh out all risks before committing to any trades.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>tags: FB This year has went rather well for the stock of Facebook Inc (NASDAQ:FB), as it has climbed well over the $100 per share mark. This company stock has shown some hesitation in&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8197","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=8197"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8197\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=8197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=8197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=8197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}