Next week (Monday, Oct 25), Facebook (FB) will report 3Q21’s financials and it’s safe to say the earnings call won’t be boring. The company has a plethora of issues to plough through; from the recent whistleblower allegations to its failing algorithms and the impact of Apple’s ATT (app tracking transparency) initiative, to the much talked about metaverse to the apparent rebranding the company is about to undertake. With the last one, Facebook might be hoping to push the reset button with a new moniker. The stock is being held “hostage” to the deluge of negative news flow, says Monness’ Brian White.
https://www.tipranks.com/news/article/facebook-under-duress-will-it-affect-q3-earnings-analyst-weighs-in?utm_source=advfn.com&utm_medium=referral
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