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Guess that censorship at Facebook wasn’t such a good idea

Well, Facebook is taking a beating in the stock market and it’s not a pretty picture. I don’t even like to see things like this happening, given the kind of trouble it can bring to other areas of the market.

Here’s the top story on Drudge, (check out the picture) and I hope he’s overdoing it:

The tech-heavy Nasdaq was set for a big down day Thursday after disappointing quarterly results from Facebook sent the social media giant hurtling toward its biggest share price decline ever and on track to lose more than $100 billion in market value.

The Invesco QQQ Trust, which tracks the Nasdaq 100 index and can give traders a good idea of how the Nasdaq stocks will trade, was down more than 2 percent at one point in after-hours trading Wednesday. At last count, the ETF was off by about 1.5 percent. Facebook lost about a fifth of its value after hours.

Read the full story from American Thinker

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