Yeah, the traditional move for a company of Facebook's size would be to pivot from a growth play to a value play, and focus on value extraction. Perhaps even - gasp! - pay dividends. This would have been a lot more appealing to the big insto funds and potentially bouyed the share price.
The current plunge we're seeing is a vote of no confidence from the market.
The current plunge we're seeing is a vote of no confidence from the market.