Facebook Ad Spending Should Weather Public Blowback

10/05/21 12:57PM EDT

https://youtu.be/VzMk7thId_U

In this clip from The Call @ Hedgeye, Communications analyst Andrew Freedman and Hedgeye CEO Keith McCullough flag the ongoing Facebook, Inc. (FB) controversy, the network outage that occurred yesterday, and the impact that will have on ad spending.

“It’s coming back and pointing to no impact at the agency level. So large brands are continuing to spend, despite them being the most sensitive to social issues,” reports Freedman. “Obviously we are going to have to continue to track it closely, but I think that it’s positive on the margin.”

(This clip is a small taste of what our subscribers get each day on The Call @ Hedgeye. In a nutshell, The Call is our morning research call hosted by Hedgeye CEO Keith McCullough with our 40+ analyst research team. It helps small and large investors alike make better decisions via unique and investable stock/sector updates Click here to learn more.)

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