Over $100B in value disappeared

Facebook, Over $100B in value disappeared
July 27, 2018
Social Media

Facebook, Over $100B in value disappeared

After the company’s quarterly earnings call with investors, FB’s stock price dropped ~20% in after-hours trading. Over $100B in value disappeared in an instant after FB announced disappointing revenue numbers and user growth. Some context: that’s comparable to the entirety of General Motors, Ford and Target…...

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