Facebook loses $ 119 billion in a day after the collapse of its stock



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The Facebook company loses $ 119 billion in a day after the collapse of its shares The realm of news, citing the AFP Press you to Facebook loses $ 119 billion in a day after the collapse of its shares, Facebook loses $ 119 billion in a day after the collapse Facebook shares lose $ 119 billion in a day after the collapse of its shares.

News Kingdom Facebook was hit Thursday by the biggest loss in its history on the stock market following the collapse of the network shares The most used social communication in the world is the lowest $ 119 billion capitalization, in a precedent on Wall Street.

The share price has collapsed Facebook The world's largest social networking network Thursday in New York caused the loss 119 billion market capitalization, a previous in the history of "Wall Street" 19659006].

Since the opening of the first exchanges, the share price of Facebook has declined and this trend has continued throughout the day .

The meeting ended on the price of 176.26 dollars per share, down from 19 percent, which reduces the value of its capitalization to 510.2 billion .

This is the largest loss in the value of a group recorded during a session in New York .

This loss led to a decline in the NASDAQ index, which includes a number of technology companies, which lost 1.01 % of its value .

After a sharp decline, the largest in a single session since Facebook's entry on the stock market, stock prices have increased slightly in electronic trading . It could have been affected by withdrawals .

Facebook appeared to be in a strong position until Wednesday when investors apparently did not know the concerns related to the personal data scandal, which was leaked to the British company " Cambridge Analytica ] And that the current investigations .

Facebook, which celebrates the year 1965 1965, was surprised by the publication of a large number of books on Wednesday, but it has remained below expectations, although it has increased from 42 13.2 [19659004] and speaking of gloomy forecasts for the rest of the year .

The number of users was below expectations and was reaching [19659004] 2.23 billion .

The social network [1 9659004] said that this slowdown was partly the result of a new approach to the issue of personal data and security. The centerpiece of the Cambridge Analytic scandal revealed in mid-March .

On the other hand, the Mark Zuckerberg group is also known as the growth of ads that almost all revenue .

The Kingdom of Bahrain

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Source: AFP