The S&P and Dow have all risen heavily to start 2018, and perhaps a pullback may occur (or they may keep rising). But due to Zuck's comments last week about news feed, the FB stock dropped 5%. And analysts are saying "buy this dip."
I want to buy now (at ~180) and hold till earnings on the 31st of Jan. But if the overall market slips up (say, there's a correction overall of 5%), will FB stock drop even more? Even though it's already dropped 5% due to Zuck's comments?
Basically, is FB stock immunized a bit from a larger correction because it already dropped by 5% last week?
Submitted January 16, 2018 at 03:43PM by AeroTire http://ift.tt/2mMpN0O
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