How to trade Facebook shares while companies boycott advertising

Facebook (full board) – Get report He was hit on Friday, dropping more than 8%. On Monday, selling pressure continued, with shares falling around 1%, although the bulls were able to offer stocks above the lows thus far.

The widest decline in the market in recent sessions has not helped at all. However, Facebook is under heavy pressure as more companies start boycotting their ad platforms in July.

So far, some of the boycott companies include Ben & Jerry’s, Coca-Cola (KO) – Get reportStarbucks (SBUX) – Get report and Honda (HMC) – Get report. In total, more than 160 companies are involved.