Facebook stock suffers largest one-day drop in history, shedding $119 billion
https://www.cbsnews.com/news/facebook-stock-price-plummets-largest-stock-market-drop-in-history/ Facebook lost about $119 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history. The company's shares plunged $41.24, or almost 19 percent, to $176.26 a day after the social media giant reported disappointing results. The slide is the largest decline in market capitalization in history, exceeding Intel's $91 billion single-day loss in September 2000, according to Bloomberg data. - - - --Lauren-- Lauren Weinstein ([email protected]): https://www.vortex.com/lauren Lauren's Blog: https://lauren.vortex.com Google Issues Mailing List: https://vortex.com/google-issues Founder: Network Neutrality Squad: https://www.nnsquad.org PRIVACY Forum: https://www.vortex.com/privacy-info Co-Founder: People For Internet Responsibility: https://www.pfir.org/pfir-info Member: ACM Committee on Computers and Public Policy Google+: https://google.com/+LaurenWeinstein Twitter: https://twitter.com/laurenweinstein Tel: +1 (818) 225-2800 _______________________________________________ nnsquad mailing list https://lists.nnsquad.org/mailman/listinfo/nnsquad
