In Option A above, it seems like things mostly stop at 3 for FB. Public outcry? Falling stock price (as a result of public outcry)? I don't really see that happening very much.
It's hard to say because the facebook hearings happened at the same time as the iPhone anti-tracking stuff that cost facebook billions but I think it had an effect.
Was thinking of Frances Haugen revealing her identity coinciding with the market drop [1]. I dunno; IANAB (Banker)