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Ask HN: Why is Facebook’s stock at all time highs?
3 points by xoxoy on May 20, 2020 | hide | past | favorite | 1 comment
Today Facebook’s stock hit an all time high during what is supposedly the greatest economic challenge we are facing in a decade or longer. Can anyone explain the reasoning? What am I missing?



They announced better business tooling (a multi-party videochat / $ZM competitor), e-commerce integration and partnerships with $SHOP (Shopify) and have a decent amount of cash on hand. Why shouldn't they be at ATH?




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