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

 

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

The Federal Trade Commission is gearing up to hit Facebook with a staggering, record-breaking $5 billion penalty. Wall Street is viewing this as a good thing. And the reason why speaks volumes about …

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