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Facebook shares collapsed into the biggest daily loss of today after the company reported its second quarter results on Wednesday, which were disappointing as it fell 24% after an hour of trading to close at a loss of 18% For example, a market like Betquin, for example, is worth $ 141 billion, Twitter only $ 33 billion, Snapp $ 17 billion and Netflix $ 158 billion.
However, the impact of the crisis on the entire US stock market is limited since the Nasdaq has only fallen by 0.8%, while the index has risen about 0.57% thanks to the hopes of investors to see progress in trade negotiations.
Revenue fell to $ 13.23 billion from $ 13.3 billion expected, and the number of active users decreased to $ 2.23 billion from $ 2.25 billion. Users and a decrease in the number of users in Europe.
But badysts say the biggest drop in quarterly results is the company's forecast that third- and fourth-quarter revenues are expected to decline by 10% and spending growth this year. will boost revenue growth.
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