Facebook loses $ 130 billion in just two hours, the company is experiencing the biggest drop in its history, Twitter and Snape are affected



[ad_1]

The company's shares, which reached a record high on Wednesday night, July 25, 2018, fell by 11%.
According to foreign media reports, this discovery reveals the company's first failure since 2015.

Facebook's growth slows down
What also worried investors is that Facebook's growth is slowing among users of its most used markets. In a press release, Facebook has recorded the slowest growth in its history since its launch, with only 2.23 billion users logging in last month, a figure lower than badysts' forecast of 2.25 billion .

In the number of users logging each day by 11%, and save 1.47 billion users, less than the expected number of 1.49 billion users.

As for daily use has not changed in the larger markets of Facebook, the United States and Canada. At least 185 million users a day. But the decline was present in the number of Facebook users today in Europe, with 279 million users per day.

Corporate Statement
David Finner, Chief Financial Officer, said that shareholders could expect "We plan to grow and encourage some attractive experiences, such as stories that currently have lower income levels. "

Technology stocks are expected to decline on Thursday morning July 2018, after Facebook's shares fell to 2% in hours, which is that has also affected rival businesses such as Snap and Twitter.

[ad_2]
Source link