Facebook (FB) continues to make headlines for all the wrong reasons. Many bears on Wall Street have touted "this time is different" for the controversial social-media behemoth that's attempting to bounce back from its one-two punch of whistleblower Frances Haugen's bombshell interview on 60 Minutes, and one of Facebook's worst outages in over a decade. The backlash facing Facebook is nearing its boiling point. This isn't the first time that the has company faced such profound pressure across the board, though. Back in 2018, FB stock plunged over 40%. Undoubtedly, a broader market sell-off severely exacerbated the decline. Eventually, FB stock bottomed out and moved on.
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