Facebook Not Irreparably Damaged by Stock Dive, Says Analyst
Shares of Facebook plunged Thursday after its latest earnings report. But Jefferies analyst Brent Thill tells Cheddar the company won't suffer in the long term, particularly because Europe's new data rules are "great hygiene" to work out the kinks.
For full interview, [click here](https://cheddar.com/videos/facebooks-earnings-nightmare-could-be-short-term-says-jefferies).
Elaine Low, staff writer with The Ankler, joined Cheddar News to break down the latest deal with the studios, why it was such a tough negotiation, and what lies ahead.