Facebook saw a significant decline in the value of the company's stock due to slow growth



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07/27 16:25

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Facebook shares fell by more than 20%

The company, which was heavily criticized for false news and privacy, said that it had 2.23 Billion active users per month by the end of June.

The number has increased by 11 percent Compared with June 2017, the slowest growth in more than two years.

The company also warned investors that revenue growth exceeded in 2019.

Facebook expects revenues to slow as users begin to take advantage of the new limits of advertising

The company plans to spend billions to improve content tracking, track advertisers and manage

The company, which owns Entragam and WattsApp, is also investing in new features, such as virtual reality and video.

Facebook shares initially fall by close to 12% at the close of New York, but losses accelerate. The company announces its spending plans 3] The owner of Facebook Reuters, Mark Zuckerberg, appeared before control bodies this year [19659003] Daniel Evans, a planner at GPH Insights, said that the expectations of the company, company were "a nightmare."

For the second half of this year and for the year 2019, this will significantly affect short-term equities.

Facebook's revenue for this quarter was $ 5.1 billion, up 31% from the same period in 2017.

Revenues reached $ 13.2 billion, up 42% year-over-year, but spending grew faster, rising 50% to
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