Around April, I predicted a large Facebook drop around this year for correlations in price. This was especially true given the #DeleteFacebook party, the Cambridge Analytica scandal, and now the increase of decentralized social networking. Facebook is likely set for a long recovery for price correlations that are aimed towards positive, but have a long ways to go management wise and growth wise to get to where they need to be. Overall, lots of the negative correlations in price could have been avoided if not for not meeting their earnings goals or the rise of recent scandals and negative press.
