Kayce Basques

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Facebook earnings Q3 2021

October 25, 2021

Summary: A bet on Facebook's Q3 2021 earnings.

Rationale

News coverage of Facebook is overwhelmingly negative at the moment. Some bad news happened on Thursday (2021 October 22) causing the share price to drop from above $340 to below $325. Yet the company continues to be very profitable. The things that are being discussed in the news have not yet affected Facebook's profitability.

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