Instagram’s User Decline May Be Holiday-Related
Daily user drop occurred on Christmas
The New York Post made headlines and headaches for Facebook when it published a story Thursday night claiming that Instagram’s daily active user base had dropped by nearly 25 percent.
The article pointed to Instagram’s recently proposed policy changes as a potential reason for the user decline. On Friday morning, Facebook shareholders proceed to follow suit, immediately dropping the stock’s value by 2 percent when the market opened. Facebook’s stock has begun to recover as folks start to realize the house of cards that is the Post’s headline.
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