One of the reasons for Facebook shares to drop by 50 percent from the IPO was _____.
A)the failure of Sponsored Stories
B)the irritating nature of their ads
C)their abuse of consumers' privacy
D)their neglect of mobile advertising

Question

Quizplus · Accepted Answer

Facebook neglected mobile advertising at the time of their IPO, causing investors to doubt their ability to generate revenue from the growing mobile market. This led to a drop in share prices. While other factors, such as privacy concerns, may have also contributed to the drop, neglecting mobile advertising was a significant factor.

One of the Reasons for Facebook Shares to Drop by 50