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Facebook Inc. (NASDAQ: FB) has been in the news this week as over 180 advertisers are boycotting the social media giant.
Founder and CEO Mark Zuckerberg triggered the exodus last week when he said his company won't monitor hate speech and violence on the platform.
The stock dropped 11% in the two trading days following dropouts from mega-cap companies like Verizon (NYSE: VZ), Unilever (NYSE: UN), Coca-Cola (NYSE: KO), and Starbucks (NYSE: SBUX).
Some analysts expect up to one third of Facebook's total advertisers will join the revolt.
So, what do you do if you own the stock? And is this correction a buying opportunity or time to steer clear?