Facebook, the world's largest social networking network, fell on Thursday in New York, losing $ 119 billion of its capital.
Since the start of Wall Street's first exchanges, Facebook's share price has fallen sharply, and this decline continued throughout Thursday.
This is the largest loss in the value of a group recorded in one session in New York. The Nasdaq index, which includes a number of technology companies, lost 1.01 percent of its value.
After a sharp drop, the largest in a single session since Facebook entered the stock market, stock prices rose slightly in electronic exchanges. The decline was further exacerbated by the fact that stock prices were very high in the trade, so they could be affected by profit withdrawals.
Facebook appeared to be in a position of strength until Wednesday as investors were apparently not aware of concerns about the personal data scandal leaked to the British company Cambridge Analytics and all the ongoing investigations.
Source : Franceinfo
Since the start of Wall Street's first exchanges, Facebook's share price has fallen sharply, and this decline continued throughout Thursday.
This is the largest loss in the value of a group recorded in one session in New York. The Nasdaq index, which includes a number of technology companies, lost 1.01 percent of its value.
After a sharp drop, the largest in a single session since Facebook entered the stock market, stock prices rose slightly in electronic exchanges. The decline was further exacerbated by the fact that stock prices were very high in the trade, so they could be affected by profit withdrawals.
Facebook appeared to be in a position of strength until Wednesday as investors were apparently not aware of concerns about the personal data scandal leaked to the British company Cambridge Analytics and all the ongoing investigations.
Source : Franceinfo
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