Only $13.3 million per hour in revenue [1], but about $45 billion in market cap ... | Hacker News

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		tlrobinson on Oct 4, 2021 \| parent \| context \| favorite \| on: Facebook is back up Only $13.3 million per hour in revenue [1], but about $45 billion in market cap today [2]. 1. https://fortune.com/2021/10/04/facebook-outage-cost-revenue-... 2. https://www.google.com/finance/quote/FB:NASDAQ

rytill on Oct 4, 2021 [–]

You mean $945B?

TAForObvReasons on Oct 4, 2021 | [–]

At close, market cap was approximately 920B and the stock was down about 5%. The change in market cap is therefore about 920B * (1 / 0.95 - 1) ~ 48B

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