Facebook down 4% this morning, 7% off the all time highs on Citigroup downgrade.

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https://www.zerohedge.com/markets/sixth-turning-rare-downgrade-citi-cuts-google-facebook-peak-online-ad-spending

“We’re downgrading Alphabet and Facebook from Buy to Neutral. We now aren’t recommending any large cap, ad centric, Internet stock except Roku. We like Roku because we believe the connected TV market is still nascent.”

 

h/t TrumpWinz

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