July 26, 2018

Facebook’s $100 billion-plus rout is the biggest loss in stock market history

By nebu chadnezzar Business 0 Comments

The social media giant’s market capitalization plummeted by $119 billion to $510 billion as its stock price plummeted by 19 percent. At Wednesday’s close, Facebook’s market cap had totaled nearly $630 billion, according to FactSet.