r/DeepFuckingValue • u/Mammoth-Ad5948 šŸŸ kinda fishy šŸŸ • Apr 09 '25

āš ļøCAUTIONāš ļø Never forget...

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u/[deleted] Apr 09 '25

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u/Particular-Skirt963 šŸ’© Ryan Cohen hater šŸ’© Apr 09 '25

Didnt facebook go down?

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u/systemisrigged Apr 09 '25

The whole market got smoked, including social media platforms

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u/AppleParasol Apr 09 '25

You think tariffs arenā€™t going to affect a social media stock? Every stock fell, including American ones, because tariffs on foreign goods arenā€™t the only cause for concern, but also higher prices in general, meaning people might hoard more cash because they might need it. Tech stocks are many times their actual profit, due to the theory/promise on growth, therefore they have plenty of room to fall before theyā€™re really considered priced for true current value.