Facebook closes down 6%, wiping out more than $30 billion in market value
The drop comes after Facebook reported a 51% rise in expenses compared with its total in 2018.
30 Jan 2020 ... Facebook stock closed Thursday down 6.1% after it reported ... Pivotal lowered its price target to $215 from $245. ... Those privacy-related expenses and advertising headwinds are expected to continue throughout 2020.