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Dear guests, I welcome you again and thank you for your visit to the economic economic site: welcome to our dear visitor on the website Arab Economic Wall Street causes the loss of Facebook application to 16 billion of dollars. "Wall Street" brings the Facebook account to lose $ 16 billion Dear visitor, The economic site is a complete news site with the latest developments on the Arab and international scene. $ 16 billion, where we are looking for the latest news and the most important of all the sites and news agencies, in short "Wall Street" is losing $ 16 billion to Facebook on our site, Wall Street is losing $ 16 billion to Facebook, which allows you to follow news from the world of information.
Friday, July 27, 2018 09:45 The prices of the company, "Facebook application", the largest social network in the world, Thursday in New York, which led to the loss of $ 16 billion of its capital stock market, in the precedent on Wall Street
Since the beginning of the first Wall Street trades, Facebook's share price has dropped and this trend continues throughout the day. The session ended at $ 176.26 per share, down 19%, bringing its market capitalization to $ 510.2 billion.
This is the largest loss of value recorded in a New York session. The Nasdaq index, which includes a number of technology companies, lost 1.01%.
After a sharp decline, the largest in a single session since the entry of Facebook into the stock market, stock prices have increased slightly in electronic trading. The decline was further compounded by the fact that stock prices were very high in the trade, so that they could be affected by profit withdrawals.
The Facebook application appeared to be in a strong position until Wednesday as investors apparently were unaware of concerns related to the personal data scandal leaked to the British company "Cambridge Analytics" and all ongoing investigations.
Facebook, celebrating its 15th anniversary next year, surprised the markets by posting a hefty turnover on Wednesday, but it fell short of expectations – though it has progressed from 42% to $ 13.2 billion – a dark prospect for the rest of the year.
The number of users was below expectations and reached 2.23 billion.
The Facebook application said that the slowdown was in part the result of a new approach to personal and security issues at the heart of the Cambridge Analytics scandal revealed in mid-March. Economy: 'Wall Street' causes the loss of 'Facebook application' 16 billion, do not forget the admiration of the site's social networking pages, to receive the latest news Political progress Economic, sports, and technical economic site, "Wall Street" causes the loss of "Facebook demand" $ 16 billion.
Source: Gate of the Sunrise
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