Facebook’s Stock Takes a Dive, Then It’s Site Crashes: Just a Bad Week

What's Going On

This is just a tough week for Facebook.  First, the IPO for the company didn’t go as planned.  The stock is down for the week after going public last week.  Then, Thursday, the site went down for the count with a massive outage for the first time in quite a while.  The site was down for as long as 80 minutes for some viewers.

Facebook itself stated in its SEC filing that if the site is “unavailable when users attempt to access it, or if it does not load as quickly as they expect, users may not return to our website as often in the future, or at all.”

Facebook has nearly one billion users, and some are concerned that the site is not a stable revenue generator.   The site typically has 99.999% reliability, which is pretty good.  We’re sure that Mark Zuckerberg, the founder of Facebook, is going to be just fine.

 

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