Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
July 26, 2018 01:32 pm GMT

Facebook officially loses $123 billion in value

In what could be the biggest one-day drop of all time, Facebook shares opened at $174.89, down 19.6 percent compared to yesterdays closing price of $217.50 (NASDAQ:FB). When it comes to market capitalization, Facebook was worth $629.6 billion yesterday. The company is now worth $506.2. In other words, Facebook has lost $123.4 billion in value […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/biSOlM6Vfug/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch