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Facebook shares closed at $ 217.50 on the New York Stock Exchange, down 194.6% today, down $ 174.78
The market value of the company also shrank from $ 621 billion to $ 499 billion,
Thus, Facebook 's market loss was recorded as the biggest single day drop in the history of the world. a US public company in the United States
In addition, the fortune of Facebook's founder and CEO, Mark Zuckerberg,
ACCORDING TO INCOME EXPECTATIONS
The sharp drop in the stock of Facebook comes after the company announced its bullion for the second quarter.
After the closing of the New York stock market yesterday According to the balance sheet figures announced, Facebook generated revenue of $ 13.23 billion in the second quarter of this year t. The market was expecting the company to generate $ 13.24 billion in revenue in April-June this year.
In addition, Facebook generated $ 13.04 billion in advertising revenue in the second quarter of this year.
According to the report on the balance sheet, the daily number of Facebook 's active users rose from 272 million in the first quarter of the year to 279 million in the second quarter of the year.
While the number of users in the United States and Canada remained constant at 185 million over the same period, investors were upset by the fact that there had no increase in the number of users in this region
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Data Analysis Company The personal data of Cambridge Analytica was collected without authorization from 87 million Facebook accounts in the United States and the United Kingdom.
The experts point out that the companies Russians use fake news and advertisements on Facebook to influence US presidential elections in November 2016.
Experts point out that The data leak scandal is affecting Facebook's advertising revenue and the number of users. advertising revenue of the company.
Following the announcement of Facebook's Bilanos, Zuckerberg drew attention to the General Data Protection Regulation of the European Union (GDPR), which reinforced the control of Internet users over their own data in Europe. an important moment for our industry.
Zuckerberg commented on the conference: "The elections for the next 18 months in Brazil, India and the European Union will be real exams for Facebook."
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