Facebook is the 'biggest concern' among the FAANG stocks, analyst says
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One industry analyst has sounded the alarm on Facebook, calling the company the "biggest concern" among the so-called FAANG stocks.
Wang said many of Facebook's trust woes have been "centralized" around Chief Operating Officer Sheryl Sandberg, who was in the spotlight after a New York Times report in mid-November about the executive and the social media company's internal operations.
In particular, Wang cited the challenges faced by Apple in India, where it "overpriced the product" and "missed the whole market" as a result.
Faced with all those challenges, however, Wang remained positive on the company's prospects beyond the near futures.
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