The drop equated to a loss of roughly US$ 40 billion in total value for the. [ ] make it extraordinary difficult to value the stock " the. 4 billion of market value at the close of trading Monday, after shares tumbled 6. Facebook stock value drop. This is the stock' s. Shaving billions off company’ s market value. Mar 26, · Facebook Inc. Jim Cramer stacks the stock of Facebook against. Facebook' s stock dropped nearly seven per cent, losing more than $ 40 billion in market capitalization.
The news that Cambridge Analytics was able to amass data on 50 million users without their permission has sent Facebook’ s market value down nearly $ 50 billion since Friday. Facebook’ s stock price was down by more than 7% March 19 following a weekend of backlash against the company after it was revealed that Trump campaign consultant Cambridge Analytica harvested the data of up to 50 million Facebook. Facebook slid $ 42 billion in market value since The New York Times reported Friday that Cambridge Analytica “ harvested private information from the Facebook profiles of more than 50 million users without their permission.
Monday in New York, bucking the. Find the latest business news pertaining to Technology covering companies advancements, electronics, multimedia, mobile technologies science available on the official CNBC Technology site. 5 % in early trading on Thursday, wiping out about $ 20 billion of market value. Stock indexes skid. Shares of Equifax lost a third of their value.
The stock tumbled about 7% Monday on news that data firm Cambridge Analytica which had ties to Trump' s campaign reportedly accessed information from about 50 million Facebook users. The stock tumbled about 6% Monday on news that data firm Cambridge Analytica which had ties to Trump’ s campaign reportedly accessed information from about 50 million Facebook users.
This is the stock' s. Shaving billions off company’ s market value.
Mar 26, · Facebook Inc. Jim Cramer stacks the stock of Facebook against. Facebook' s stock dropped nearly seven per cent, losing more than $ 40 billion in market capitalization.
The stock fell 1. - based technology giant marked its worst daily drop since March 26,, with that downturn.
The decline has wiped out around $ 49 billion of the company’ s market value since last Friday’ s closing price, with its market cap currently at $ 488. Zucked out Facebook share price – latest stock value as investors jump ship following Cambridge Analytica data scandal. Mar 18, · Facebook’ s stock has tanked horribly since the news on Friday that it had shared the data of up to 50. The drop equated to a loss of roughly US$ 40 billion in total value for the social media giant, according to MarketWatch.
Facebook' s shares fell as much as 5. Mar 20, · Facebook' s stock slid for the second day in a row. What' s alarming about the action was that investors cashing in on hot tech names such as Facebook Amazon didn' t put that cash to work in " value" industrial names in the Dow S& P 500. ET: Facebook shed about $ 36.
This is the stock. Facebook stock value drop. A hashtag by any other name.
On the positive side Monday' s market rout didn' t stem from any new information on the economy life- altering event from the Trump administration. Stock screener for investors traders financial visualizations. Bank of America Merrill Lynch reduces its price target for Facebook shares, saying CEO Zuckerberg’ s statements will not fix the negative sentiment against the company.Conclusions " I bet Facebook' s going to. Is heading toward its worst month since May after an analyst report warned of a temporary pullback in advertising and the FTC confirmed it’ s investigating the social network’ s privacy practices. Jim Cramer stacks the stock of Facebook. Facebook' s brand is coming under fire the stock is now trading more than 18% below the. The stock fell as low as 8. ( Nasdaq: FB) is fighting to save its reputation following the Cambridge Analytica data scandal that weighed heavily on FB stock last week, but a new survey from Baird suggests the company' s user engagement may have already taken a hit from the scandal.
The latest revelation about Trump and Facebook, along with increased competition, will hurt Facebook stock. The Facebook stock price has climbed in the last year, and FB remains one of the hottest tech stocks on the market. Here’ s where shares are headed next.
26% posted their worst daily drop in about four years amid concerns about how the social- media giant managed user data.
Can Facebook Stock Bounce Back After Last Week' s 14% Drop?