Why Facebook’s stock jumped despite facing a record-breaking $5 billion FTC penalty: ‘A slap on the wrist’

Posted by on July 13, 2019 3:07 pm
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Categories: Business

The Federal Trade Commission is gearing up to hit Facebook with a staggering, record-breaking $5 billion penalty.
Wall Street is viewing this as a good thing.
And the reason why speaks volumes about the sheer scale and power of Facebook today.
Some b…
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