Today is President's Day.
Traditionally, the Market is closed today.
https://fortune.com/2022/02/21/open-closed-presidents-day-2022-mail-banks-stock-market/
That means today's gains on DWAC and tomorrow's gains on DWAC are going to come in at the same time tomorrow.
Everything going on today is speculation, which means controlled by their algorithms and the international appeal. The US Market is not entirely reflected in the current numbers.
Since they are naked-shorting the stock, a "day off" means they cannot anticipate just how much of a splash it is going to make.
That's why Truth Social announced a delay to mid/late March and then span around and did it on the 21st like they said they would anyway. It was an easy opportunity to feint the market.
I expect some hedge funds are biting their nails right now. Tomorrow is gonna be explosive. Expect censorship and hush-hush on some people taking the window exit tomorrow in New York.
FB stock plunged -20% this month. This is just one vacuum DWAC will fill. Censorship and fake news is a bad business model.
FB ala Meta tanked because for the first time, ever, the company lost DAU. So analysts and huge investors (not small tadpoles like us) don’t see the growth in the coming years … add the silly Metaverse (aka rebranding) they did, massive loss on the younger generation, the Fed idiotic monetary policy AND the constant scare of Russia-Ukraine…FB is a dying company.
The entire market tanked. FB tanked far more. I hope the company shrivels up.