Facebook stock drops roughly 20%, loses $120 billion in value after warning that revenue growth will take a hit

The social media behemoth’s stock lost near one-fifth of its value in after-hours trading Wednesday after an earnings report that missed expectations on...

26 Jul 2018 ... On Thursday, Facebook FB, +0.60% lost about $120 billion in market ... Close to 34 million shares changed hands in Wednesday's extended session, ... “As I've said on past calls, we're investing so much in security that it will ...

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