27 Mar How dangerous is the data scandal for Facebook shares? News & Trend Lab insights
Everyone who trades shares knows how negative scandals can be for share prices. Just to mention three examples from the past:
1. Boing´s 787 Dreamliner disaster
2. VW´s emissions scandal „Dieselgate“
3. Steinhoff accounting scandal
In the course of these events, the shares of these companies fell significantly. A costly affair if one was not warned in time.
Aggregated sentiment indicators function as a valid early warning system and to estimate the impact of scandals.
With these sentiments and on the basis of their development, one can easily recognize when a scandal escalates and when it has passed its climax and de-escalates again.
You can follow this life with the current example of Facebook. Since the data scandal on 16 March 2018, Facebook (52-29%) has lost 21% of its sentiment. During the same period, a price loss of 17.5% ($183.10-150.94) was recorded. See above the YUKKA News Boards displaying the sentiment for Facebook.
To know who else is connected with the Facebook and Cambridge Analytica scandal may also be relevant for investors. What organizations, people and products will be affected by the scandal. How high is the loss of reputation?
Do you want to know how this scandal is further developing? Register for a free demo of our YUKKA News & Trend Lab and take a look at it with your own eyes.
Register for a free product demo by mail to firstname.lastname@example.org