The almost 40 per cent slump in its share price in four months means Facebook has lost in market value about the entire worth of Chevron, Intel or Coca-Cola. Through it all, analysts have largely stuck to their recommendations to buy the stock. Photo: AFP

Facebook stock wipeout shows how analysts lag behind market in their recommendations

  • Facebook has lost the equivalent of a Chevron, Intel or Coca-Cola in market value in four months
  • Analysts have largely stuck to their recommendations to buy the stock through the wipeout
Topic |   Technology

TOP PICKS

The almost 40 per cent slump in its share price in four months means Facebook has lost in market value about the entire worth of Chevron, Intel or Coca-Cola. Through it all, analysts have largely stuck to their recommendations to buy the stock. Photo: AFP
READ FULL ARTICLE