Procter & Gamble got tired of feeding an opaque, slimy industry of bots and fake clicks.
A “collapse” is when the price plunges 50% or more in days.
When the ocean of hype turns toxic.
Even after all the WannaCry hoopla in May. US companies too!
The death of fundamental analysis.
Nasdaq hits record, bounces off, plunges.
Just one more reason for China to develop its own mousetrap.
It’s not all careening downhill, at least not for everyone.
US ad revenues collapse. So it’s cutting costs to manage its own decline.
This isn’t the Industrial Revolution.