FB - 3 Terrible Reasons To Sell Facebook Stock
Facebook (NASDAQ: FB) has gotten off to a rough start in 2021.
The social media stock is down 7% through Jan. 15 compared to a modest gain for the S&P 500 , and the company is facing a slew of new challenges. WhatsApp users are reportedly fleeing the app for alternatives like Signal and Telegram after Facebook announced a new data-sharing policy, and the tech giant is feuding with fellow FAANG stock Apple over changes in iOS 14 that require Facebook to get permission from users to allow certain data-tracking tools.
Still, if you're thinking about selling Facebook right now, that move might be short-sighted. Below are three popular but misguided reasons to sell the stock.
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3 Terrible Reasons To Sell Facebook Stock