What happened Shares of Facebook (NASDAQ: FB) took a hit on Monday, falling 4.5% by the time the market closed. Shares were down along with the broader market. The Nasdaq Composite slid 3.5% as investors were spooked by the spread of the coronavirus to Italy and South Korea. So what Investors should put the stock's decline into context. Shares are still up 23% over the past 12 months even after today's drop. Some investors, therefore, may have simply decided to take some profits on the tech stock amid these coronavirus fears. Image source: Getty Images. Now what Investors should remain focused on the long term, valuing stocks based on fundamentals. It's possible that the coronavirus could hurt advertising spend on Facebook's platform. Investors, therefore, should keep an eye out for any commentary from management on whether or not the virus' outbreak is having a material impact on the social network. 10 stocks we like better than FacebookWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Facebook wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool's board of directors. Daniel Sparks has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Facebook. The Motley Fool has a disclosure policy.Source