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

  • Facebook’s stock rose around 1% after news broke that it is facing a record-breaking $1 billion penalty from the Federal Trade Commission .
  • Investors are breathing a collective sigh of relief that the settlement isn’t more serious.

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

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