Facebook's shares (FB) down 1.3% at $128.42WSJ reports the social media giant overestimated viewing time for video ads by 60-80% for two years and that co has notified ad agencies such as Publicis Media and WPP Plc's GroupMFacebook, however,says the discrepancy has been fixedFacebook said some weeks ago that a metric for avg user time on videos was artificially inflated as it only counted videos viewed for over three seconds; Co said it was introducing a new metric to fix the issueThe social media giant's push into video has attracted new advertisers and encouraged existing ones to spend moreMore than 21 mln shares traded, nearly 1.3 times their 25-day moving avgIt looks like that FB deliberately used this metric. I wonder whether any lawsuits will follow. imho, FB is way overpriced and if we get any continuation of this story then it can be a good entry point for shorts. $FB, Meta Platforms, Inc. / 1440